Hi there! Do you know what a bank is? It’s a place where grown-ups keep their money safe. But guess what? There’s a new kind of money called “crypto” that lives on computers! Today, I’m going to tell you a story about two big companies, OKX and Deltix, who are helping banks and big money people use this new computer money. It’s a bit like teaching your grandma how to use a new app!
OKX is a company that helps people trade crypto. Deltix is another company that helps big banks and traders use special computer programs. They just became friends to make something called “OKX institutional trading” work better in the United States.
What Is OKX Institutional Trading and Why Is It Important?
[AI_IMAGE_PLACEHOLDER: A big playroom with toy cars and toy robots playing together]
Imagine you have two toys: a toy car and a toy robot. Before, you had to play with them in different rooms. Now, OKX and Deltix are building a big playroom where you can play with both toys together! This means that big money people can now use their regular computer programs to trade both regular money (like dollars) and crypto money at the same time.
This is super important because before, it was like trying to use a toy car in a robot game – it just didn’t work well! Now, everything works together nicely.
Who Are These Companies?
[AI_IMAGE_PLACEHOLDER: Two companies shaking hands with digital money symbols]
OKX is like a big crypto store. People go there to buy and sell different kinds of digital money. Deltix is part of a bigger company called EPAM Systems. Think of EPAM Systems like a big toolbox, and Deltix is one of the special tools inside that helps banks with their computer work.
When I say “Deltix EPAM Systems,” I’m talking about how Deltix is part of this bigger family of computer helpers. It’s like how your school is part of your town, and your town is part of your country!
The boss of Deltix, a man named Ilya Gorelik, said this new friendship helps clients (that’s what grown-ups call customers) have the same kind of trading experience whether they’re using regular money or crypto money.
Why Is This Important?
Let me tell you a secret: grown-ups who work with money really like when things are easy and safe. They want to use the same computer programs they already know how to use. Before this partnership, it was like trying to use a screwdriver to hammer a nail – it just doesn’t work right!
Now, with OKX institutional trading, these money experts can use their favorite computer programs for both regular money and crypto. It’s like having a magic wand that works for everything!
[AI_IMAGE_PLACEHOLDER: A magic wand that makes both regular money and crypto money appear]
Some smart companies called quant funds and algorithmic trading firms are already using this new system. One of them is called Windy Financial. A man named Brian Petersen from that company said this partnership gives them “a seamless, institutional-grade solution.” That’s a fancy way of saying “it works perfectly and is very high quality!”
He also said it lets them work with digital money without having to go to faraway places or places that don’t have good rules. It’s like being able to buy your favorite candy at the store down the street instead of having to travel to another country to find it!
What’s a Regulated Market?
You know how there are rules at school? Like “no running in the hallways” or “raise your hand to speak”? Well, grown-ups who work with money also need rules to keep everything fair and safe. When we say “regulated,” it means there are good rules that everyone has to follow.
The boss of OKX in the US, a man named Roshan Robert, said this partnership brings crypto directly into the same computer systems that professional traders already use every day. It gives US companies a safe, rule-following way to trade crypto.
It’s kind of like having a playground with fences and safety rules – everyone can have fun, but they’re also safe!
These big money companies can now access OKX’s spot markets through Deltix. “Spot markets” is a fancy name for places where you can buy or sell something right away, like buying a toy from a store shelf.
How Does It Work?
[AI_IMAGE_PLACEHOLDER: A giant LEGO table with both red and blue LEGOs being used together]
Imagine you have a big box of LEGOs. Some LEGOs are red (regular money), and some LEGOs are blue (crypto). Before, you had to build your red LEGO creations in one room and your blue LEGO creations in another room.
Now, OKX and Deltix have built a giant table where you can use both red and blue LEGOs together! You can even use special LEGO instructions (that’s the computer programs) to help you build amazing things with both colors at the same time.
These companies can also use something called APIs. Think of APIs like magic bridges that let information travel between different computer programs. It’s like having a secret tunnel between your house and your best friend’s house!
They can also use something called OKX’s global shared order book. That’s a fancy way of saying they can see what everyone around the world is buying and selling, which helps them make good decisions.
FAQs
What is crypto?
Crypto is a special kind of money that lives on computers. It’s not like the coins and bills you carry in your pocket. It’s more like the points you earn in a video game, but grown-ups can use it to buy real things!
What is OKX institutional trading?
It’s a way for big companies and banks to trade crypto using their regular computer programs. It’s like giving them a special adapter so their computer can work with both regular money and crypto money.
What is Deltix crypto liquidity?
“Liquidity” is a big word that means “how easy it is to buy or sell something.” Deltix helps make sure there are always people ready to buy or sell crypto, so the big companies can trade whenever they want.
Why do grown-ups need special computer programs for money?
Big companies deal with lots and lots of money. They need special programs to help them make good decisions and keep track of everything. It’s like how you might use a calculator to help with math problems – these programs help grown-ups with money problems!
What is a partnership?
A partnership is when two companies become friends and work together to do something amazing. It’s like when you and your friend decide to build a really big sandcastle together at the beach!
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Conclusion
So, there you have it! OKX and Deltix are like two superheroes joining forces to help big companies use crypto. They’re making it easier, safer, and more fun for grown-ups to work with this new kind of computer money.
Just like how you might use different toys for different games, these companies are making sure that grown-ups can use their favorite “toys” (computer programs) for both regular money and crypto. It’s a big step forward in making crypto more normal and useful for everyone!
If you want to learn more about how the world of money is changing, check out this cool article about how a famous man named Trump is changing US finance: Trump’s Crypto Upgrade. And if you’re curious about AI and how it helps us understand these changes, click here: LatestSignal AI. For the latest on this partnership, read the full story on CryptoNews.
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