OTC Exchange Network is now a member of the FIX Trading Community. CEO Rosario M. Ingargiola, has also been named to the Digital Currency & Blockchain Working Group. OTCXN’s blockchain-based peer-to-peer electronic trading network democratizes access to wholesale markets starting with OTC Spot FX.
“Although OTCXN is already capturing FIX message sequences and storing them on its proprietary Blockchain to drive capabilities like real-time trade match reporting with cryptographic guarantees, I believe that it will take some experimentation and an open dialog among early pioneers to identify and overcome perhaps yet unknown technical hurdles. We hope that we can bring some of our experiences and findings to the FIX Digital Currency & Blockchain Working Group for the benefit of all,” said Mr. Ingargiola.