Mobilum Technologies Inc., a technology driven company making traditional finance accessible through digital payment infrastructure and digital asset management technologies, is pleased to announce the beta test launch of its proprietary automated high-frequency trading multi-market engine to facilitate smart cryptocurrency trading.
Mobilum’s internal automated trading engine uses predetermined quantitative data to buy and sell Bitcoin, Ethereum and other cryptocurrencies on multiple exchanges in milliseconds. By using quantitative data derived from technical and fundamental analysis including volume, price, ratios, technical indicators and trading signals, Mobilum’s proprietary crypto trading engine will be able to make smart, secure and lightning fast trades to reduce risk and increase revenue.
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The Company also announced that it has hired Piotr Majka as its Chief Trading Officer to manage and test its cryptocurrency trading operations. Majka will leverage data-driven algorithmic strategies and insights that will be continually monitored and optimized to yield maximize returns. Majka will conduct extensive beta-testing using real-world simulations before any corporate assets are deployed to production. Majka is a results-oriented capital markets expert with over 20 years of broad experience in finance including 15 years as a senior executive for the global and local banks. Majka was responsible for projects for the largest Polish mutual and pension funds and also US and UK investment banks, including MSCO, ML, GS, CLSA, KBC, UBS. Majka was one of the first in industry to successfully introduce DMA and ALGO trading to institutional clients.
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“We are very excited to announce the beta launch of our new automated trading engine. The volatility of the cryptocurrency market, and being one of the first publicly traded companies to deploy a cryptocurrency high-frequency trading engine gives us a first-mover advantage,” said Mobilum OÜ CEO Wojciech Kaszycki. “Crypto markets present more arbitrage opportunities than traditional markets thanks to greater transparency and higher fluctuation. With this product and our new highly skilled Chief Trading Officer, we have the ability to take full advantage of this lucrative space. ”
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