Introducing Xena Exchange
10 May 2018
A second-generation cryptocurrency exchange with higher returns and zero commissions.
Blockchain infrastructure lacks the efficiency and transparency that exists in the traditional financial markets. We’re here to change that.
Xena Exchange is a digital assets exchange created by a professional team from JPMorgan, Deutsche Bank, ING and the Royal Bank of Scotland. We want to bring an institutional level of services, best practices, instruments, and approaches, to the blockchain/cryptocurrency market.
By professionals for professionals
Our core focus is to provide a high-quality, efficient and transparent exchange to serve the needs of three major groups of professional market players: active traders, portfolio managers and HFT and algorithmic traders.
Active traders will benefit from easier profit extraction through our smarter trading with AI studies, proprietary signals, and advanced orders for tailored liquidity impact (Fill or Kill, Immediate or Cancel, and more).
Portfolio investors will enjoy better asset management with token price action available on a single page, trend watcher with AI signals, and one-click trading.
Algorithmic traders will be able to take advantage of low latency, real-time trading and market data WebSocket and FIX APIs as well as trading servers in Tier 4 data center colocations.
Our team comes with a combined experience of more than 25 years of financial risk management, 45 years of trading experience within top investment banks and financial institutions, 35 years of financial institutional tech security, and 110 years of IT development.
We know what professional players need, how they think, what works best in trading, and how to effectively launch it. That’s why we say, “By professionals for professionals”.
We believe that active traders should always pay zero commissions. Therefore from the onset, all customers will have zero commissions.
At the start of our launch and token distribution, our customers will need to have a certain amount of tokens in their accounts to get zero commissions. At the same time, we will distribute a large number of our tokens for free, among our community for different types of activities. Therefore, a lot of our customers will be able to receive zero commissions without any cost, or receive some of our tokens from the market and leave them as a deposit to ensure zero commissions trading.
Security, transparency and trust
The safety of our client’s funds is our number one priority! We have created a thorough threat model that assesses all internal and external risks and attack vectors. The threat landscape is constantly updated with new information gathered by our internal security specialists and by external experts.
In addition, we will be adopting the same level of transparency that international financial institutions have, including the following:
- A digital assets balance sheet updated on a daily, weekly and monthly basis
- A regular audit of financial statements
- A proprietary real-time cryptoaudit tool
- Slippage and spread reports
- Daily individual account statements
Expect big things
We’re excited about the road ahead and you can expect big things from us over the next few months.