Difference between revisions of "Paradigm"

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Paradigm is a New York-based start up that provides communications network for participants in the OTC [[cryptocurrency]] markets.
  
 
== Products and services ==
 
== Products and services ==
Paradigm added features to the platform that permit traders to enter [http://www.marketswiki.com/wiki/Delta-neutral delta neutral] orders. Delta neutral trading facilitates focusing on volatility. According to Paradigm Co-Founder Anand Gomes, "Delta-neutral execution is the holy grail for options traders"  <ref>{{cite web|url=https://www.theblockcrypto.com/post/63922/crypto-messaging-paradigm-holy-grail|name=Crypto messaging platform Paradigm says it's launched a 'holy grail' service for derivatives traders|org=The Block Crypto|date=May 5, 2020}}</ref>
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In August 2019, Paradigm partnered with [[cryptocurrency trading platform]] [[Deribit]] to support [http://www.marketswiki.com/wiki/Block_trades block trades] in the platform's [[bitcoin]] and [[Ether]] futures contracts.<ref>{{cite web|url=https://cointelegraph.com/news/deribit-and-paradigm-launch-crypto-derivatives-block-trading|name=Deribit and Paradigm Launch Crypto Derivatives Block Trading|org=Cointelegraph|date=May 5, 2020}}</ref>
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Paradigm added features to the platform that permit [[cryptocurrency]] derivatives traders to enter [http://www.marketswiki.com/wiki/Delta-neutral delta neutral] orders. Delta neutral trading facilitates volatility trading by hedging out the effects of price movements in the coin or token underlying an option contract. According to Paradigm Co-Founder Anand Gomes, "Delta-neutral execution is the holy grail for options traders"  <ref>{{cite web|url=https://www.theblockcrypto.com/post/63922/crypto-messaging-paradigm-holy-grail|name=Crypto messaging platform Paradigm says it's launched a 'holy grail' service for derivatives traders|org=The Block Crypto|date=May 5, 2020}}</ref>
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On November 19, 2020 Paradigm reported launching its anonymity-preserving Multi-Dealer RFQ (MDRFQ) platform for single and multi-leg option strategies that settle into listed options on Deribit, Bit.com, and other platforms as well as into options on [[CME]] [[bitcoin futures]]. The MDRFQ feature allows clients to request two-way quotes for options and option strategy trades from multiple dealers on a disclosed or anonymous basis without revealing their trade direction. A client can execute on the aggregated bids or offers in one-click.<ref>{{cite web|url=https://www.paradigm.co/blog/multi-dealer-rfq-launched|name=Paradigm Expands RFQ Capabilities via Multi-Dealer & Anonymous Trading|org=Paradigm|date=November 20, 2020}}</ref>
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== References ==
 
== References ==

Latest revision as of 11:20, 20 November 2020

Paradigm
Paradigm logo.jpeg
Founded 2016
Headquarters New York, New York
Key People Anand Gomes, Co-Founder; Sharaf Nassar, Co-Founder and CTO
Employees 10-20
Products OTC trading communication platform
Twitter @TradeParadigm
LinkedIn Profile
Facebook TradeParadigm
Website Paradigm.co
Blog Blog

Paradigm is a New York-based start up that provides communications network for participants in the OTC cryptocurrency markets.

Products and services

In August 2019, Paradigm partnered with cryptocurrency trading platform Deribit to support block trades in the platform's bitcoin and Ether futures contracts.[1]

Paradigm added features to the platform that permit cryptocurrency derivatives traders to enter delta neutral orders. Delta neutral trading facilitates volatility trading by hedging out the effects of price movements in the coin or token underlying an option contract. According to Paradigm Co-Founder Anand Gomes, "Delta-neutral execution is the holy grail for options traders" [2]

On November 19, 2020 Paradigm reported launching its anonymity-preserving Multi-Dealer RFQ (MDRFQ) platform for single and multi-leg option strategies that settle into listed options on Deribit, Bit.com, and other platforms as well as into options on CME bitcoin futures. The MDRFQ feature allows clients to request two-way quotes for options and option strategy trades from multiple dealers on a disclosed or anonymous basis without revealing their trade direction. A client can execute on the aggregated bids or offers in one-click.[3]


References