FOR IMMEDIATE RELEASE
CHICAGO, IL, USA – 12 December 2017 Bantix Technologies, the industry leader in futures and options analytics, announced Tuesday that it will expand its trading analysis capabilities in QuikStrike to include cryptocurrencies. The new features will launch on December 17th, 2017 coinciding with the initial listing of bitcoin futures at the CME.
QuikStrike will now include the ability to chart futures and futures spreads data with plans to calculate realized volatility measures in the near future. Currently, both free and premium users have access to one week of the the Bitcoin Real Time Index (BRTI)* and one year, as data is generated, of the Bitcoin Reference Rate (BRR)*.
“We’ve always tried to be responsive to our customers’ needs in terms of data, functionality or new product additions,” says Nick Howard, founder and CEO of Bantix. “With the rise of the cryptocurrency market, we have a chance to address all three at the same time. Outside of our typical exchange coverage, we will be adding data from various crypto sources – like TeraExchange as well as other exchanges and index generating resources. We are looking forward to introducing new QuikStrike tools as this market inevitably moves towards our sweet spot of options pricing and analysis.”
About Bantix Technologies
Founded in 2000, Bantix Technologies is the industry leader in listed futures and options analytics. Its flagship offering, QuikStrike, is a web-based pricing and analysis software suite that was originally developed for floor brokers. It’s now used internationally on trading desks at major investment banks, hedge funds, and brokerage houses. Bantix Technologies is based out of Glen Ellyn, IL, USA and is privately owned and operated.
* BRTI and BRR: The BRTI is an intraday (updated continuously), US dollar denominated reference rate for Bitcoin transactions that is calculated from consolidated order book data rather than trade prices. It is similar to a real-time index or spot price. The BRR is an end-of-day, US dollar denominated reference rate for Bitcoin transactions based on trade data collected from various exchanges. Similar to a closing price.