Generate liquidity overnight and render profits from upcharging
The remarketer duplicates orders from a menu of leading exchanges to the customer's own AlphaPoint exchange. Operators are able to fully customize the remarket depth, thresholds, and the equation to upcharge orders. Fully supporting both sides of the market, exchanges leveraging the Remarketer demonstrate aggressive pricing high order profitability.
How it works
Initially, operators connect one or more external exchange to the Remarketer. Basic configurations specify the parameters for the Remarketer. If your exchange is providing non-USD pairs, it will remarket using posted exchange rates. When a user buys a digital asset (e.g. Bitcoin or Ether) on your exchange, if the counter-side (sell) order was placed by the Remarketer, the Remarketer strategy will immediately acquire the appropriate amount of said asset from connected third-party exchange. When an upper-bound threshold of the asset is reached on the third-party exchange, the Remarketer will automatically transfer the asset to your exchange. A similar, reverse process satisfies users selling on your exchange. Note that multiple upper- and lower-bound thresholds control automatic transfers and administrator notifications (e.g.:low cash balance).
Remarket a variety of products
Operators may likewise remarket to new fiat currencies using AlphaPoint's FX exchange rate calculator, in which case the Remarketer applies the FX rate to the fiat side so operators may remarket, e.g. BTC/USD to BTC/Your_Fiat, or BTC/ETH to ETH/Your-Fiat. This is one of our most popular services in production today.
High Reliability Design
The Remarketer's verified design ensures operators do not have missing legs on remarketed orders. If a third party exchange experiences outages, operators are alerted immediately and the Remarketer is paused. Full logging and auditing reports show detailed sequence of events for all user activity and Remarketer actions.
The Remarketer and Exchange solutions bundle has been in live production for over 3 years across a variety of markets.
About the Team
Remarketer strategies have been written by experts with decades of experience writing automated trading systems, on the Chicago Mercantile Exchange and elsewhere. AlphaPoint's team has experience developing multi-lingual futures and options trading platforms in deployment in the US and China, HFT Risk Systems used by global banks, and a wide array of trading strategies for global clients.