Eventus, a provider of multi-asset class trade monitoring and market risk solutions, today announced: Cryptocurrency derivatives exchange Deribit has chosen its Validus platform to provide market abuse monitoring on exchanges.
Head office location Panama City, PanamaDeribit is one of the largest cryptocurrency options exchanges by volume and open interest, with approximately 90% market share in Bitcoin (BTC) and Ether (ETH) options. The exchange also offers a selection of cryptocurrency futures.
Deribit Chief Legal, Compliance and Regulatory Officer David Dohmen said the exchange is considering several trading monitoring systems in anticipation of operating under the cryptocurrency regulator. dubai Deribit sought to expand into additional jurisdictions while maintaining the highest compliance standards.
“When I joined Deribit and started looking for a monitoring vendor, I was able to share that Eventus has excellent customer service. We’ve looked at and used systems that can meet our needs and solve problems we encounter along the way.They care about getting things done.It’s not just the numbers.”
Dohmen said another factor in Deribit’s choice of Eventus was the company’s extensive experience with cryptocurrency exchanges and competitive pricing, and the fact that Validus is intuitive and easy to use.
“We are pleased to help Deribit improve its oversight capabilities. As exchanges continue to grow and expand their business into new regulatory jurisdictions, our Validus platform will continue to grow in volume and regulatory requirements become more complex.” As we grow, we will provide the scalable and agile solution compliance teams need.”
– Eventus CEO Travis Schwab
https://www.cryptoninjas.net/2023/01/24/crypto-options-exchange-deribit-adds-trade-surveillance-platform-from-eventus/ Crypto Derivatives Exchange Deribit Introduces Eventus Trade Monitoring Platform » CryptoNinjas