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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

iBLOXX Proprietary Trading Announces DMCC Crypto Trading License

December 22, 2021 GMT

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Dec 22, 2021--

iBLOXX Proprietary Trading DMCC, a fin-tech trading firm based in Dubai, announced last week that they have been granted the License for Proprietary Trading in Crypto Commodities by Dubai Multi Commodities Center.

iBLOXX designs AI and Machine Learning algorithms to manage active trading models for a variety of instruments across traditional and now also crypto commodity markets.

“This license will allow us to merge our expertise from the traditional financial markets with the crypto DeFi ecosystem. Our fully automated algorithms are designed to maximize profit margins and minimize execution risk in a sub-zero milliseconds timescale through multi-asset, market-wide connectivity and on-chain smart contracts across major blockchains”, said Domenik Maier, CEO of iBLOXX Proprietary Trading DMCC.

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For more information about iBLOXX Proprietary Trading DMCC, please visit www.ibloxx.com.

About iBLOXX Proprietary Trading

iBLOXX is a Proprietary Trading firm, engaged in algorithmic trading of Equities, Fixed Income Securities, Commodities, FX and Crypto Commodities. Leveraging its expertise in electronic market making and blockchain, iBLOXX combines its agile fintech mindset with over 20 years of experience and track record in the global capital markets. The firm is headquartered in Dubai, United Arab Emirates.

*Source: AETOSWire

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View source version on businesswire.com:https://www.businesswire.com/news/home/20211222005457/en/

CONTACT: iBLOXX

Maya Apostolovic

info@ibloxx.com

KEYWORD: MIDDLE EAST UNITED ARAB EMIRATES

INDUSTRY KEYWORD: TECHNOLOGY PROFESSIONAL SERVICES OTHER TECHNOLOGY FINANCE

SOURCE: iBLOXX Proprietary Trading

Copyright Business Wire 2021.

PUB: 12/22/2021 12:16 PM/DISC: 12/22/2021 12:16 PM

http://www.businesswire.com/news/home/20211222005457/en