Mazda3 Posted March 16, 2018 #1 Posted March 16, 2018 The third largest exchange trading system (CoinMarketCap data) Bitfinex, based in Hong Kong, will implement a platform to monitor Irisium trading operations to detect and monitor manipulative behavior and suspicious activity, improve market integrity and obtain analytics about all trading processes. "Comprehensive supervision of market and trading activity is an integral part of the management of the exchange. To meet the needs of a growing class of digital assets and protect our customers, Bitfinex needs a flexible surveillance system based on the latest technology. Together with Irisium, we will protect our users and our platform from trade abuse, "said CTO Bitfinex Paolo Ardino. Innovative technology Irisium, according to Bitfinex, will allow processing a wide array of data, which will provide professional analysts necessary to identify suspicious activity information. "Now the turning point in the development of the digital currency market. Professional traders and large investors are entering this market, so the exchanges need a modern mechanism for supervising trade abuses to protect users, "says Alastar Goodwin, CEO of Irisium. Bitfinex stressed that together with Irisium they intend to create a new global standard for the transparency of the functioning of crypto-exchange exchanges.
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