Beta 2

ExxaBlock Products and Services

ExxaBlock offers a suite of realtime cryptocurrency market indices, advanced data analytics, and global execution targeting institutional and retail investors, and regulatory government agencies. It is expected that the suite of the indices and event-driven realtime streaming analytics leverage quantitative research, trading, and market surveillance into the next level. ExxaBlock global execution improves the quality of global order execution and makes routing smarter/intelligent. ExxaBlock is also planning to provide products and servers to Blockchain and Distributed Ledger Technology (DLT) markets in 2019. Currently,the following products are available.

Products
ExxaBlock Cryptocurrency Index 100
ECI-100 provides customers a suite of realtime cryptocurrency market index feeds. Each index selects top 100 cryptocurrencies based on their market capitalizations and generates index values with distinct quantitative measures in realtime. Indices are categorized into weighed, unweighted, and composite. They are distributed through realtime streaming data feeds in the form of timeseries, events, and interval data. ECI-100 is the first market index product in finance that delivers index values with those three types in realtime. ECI-100 indices are dynamically rebalanced in realtime so that they capture short-term (or, micro) market dynamics faster and more accurate as well as tracking long-term (or, macro) market movement. Other indices are typically rebalanced in a fixed amount of time such as monthly or quarterly. ECI-100 is the first market index product in finance that proactively selects index constituents and updates their weights in realtime. ECI-100 supports cache API for direct access to ECI-100 cache servers with low-latency and constant-jitter connectivity, and high-throughput I/O computation. Through dedicated or shared connections to the servers, customers can perform time-sensitive or high-throughput computational tasks. ECI-100 indices can be integrated into existing or new (high-frequency) realtime trading, market surveillance, and research products and services. ECI-100 is available on public clouds, private clouds, and customer on-premise data centers.
ExxaBlock Cryptocurrency Analytics 100
ECA-100 provides customers a suite of realtime cryptocurrency analytic feeds. The feeds deliver short-term and intraday realtime statistical and quantitative measures (e.g., correlation coefficient matrices and volatility vectors). Those measures are critical for intraday trading, realtime market surveillance, financial services, and quantitative research. By using ECA-100, customers can reduce the burden of realtime analytical requirement on customer systems. ECA-100 supports event data resolution as well as timeseries and bar/interval resolutions. The event resoluton allows filtering timeseries data more than 90% without the loss of computational accuracy. The resolution makes long-term and/or computationally intensive quantitative tasks blazingly fast with the minimum memory footprint. ECA-100 is the first realtime streaming product that offers both event and timeseries analytics in cryptocurrency (and finance). ExxaBlock is a pioneer in large-scale realtime streaming event analytics in finance. ECA-100 supports cache API for direct access to ECA-100 cache servers with low-latency, constant-jitter connectity and high-throughput I/O computation. Through dedicated or shared connections to the servers, customers can perform time-sensitive and/or high-throughput computational tasks. Concise Binary Object Representation (CBOR) is used to minimize the network communication overhead caused by message encoding, decoding, and transmission. Compared to JSON text messages, CBOR messages require 70% less size in ECA-100. ECA-100 is available on public clouds, private clouds, and customer on-premise data centers. ECA-100 can also be integrated into customer systems. Upon request, ECA-100 can be configured and optimized for customer needs.
ExxaBlock Cryptocurrency Execution 100
ECX-100 provides a collection of the core building blocks of advanced order execution, smart order routing, trading, and market surveillance across exchanges around the world. It is based on data that ExxaBlock collects from 120+ major cryptocurrency exchanges. The data covers roughly 17,000 currency pairs (e.g., BTC/USD) and more than 26,000 distinct order book universe. Market-leading ExxaBlock technologies and knowledge are seamlessly integrated into the product. As a result, ECX-100 introduces a few product services that are expected to change the way to view the current and future cryptocurrency markets. ECX-100 is aiming to provide quantitative ways to effectively identify and exploit major market events, and current (and future) cryptocurrency market inefficiency. With ECX-100, market participants can build profitable trading strategies (e.g., risk-free and statistical global arbitrary), find market liquidity faster and efficiently, improve the quality of their global order execution, and perform market surveillance effectively within stringent realtime constraints. By removing such inefficiency, the cryptocurrency market becomes more competitive and transparent. It enables the cryptocurrency market growing into an alternative financial market from the current speculative grey market. The alternative market is expected to attract investors from well-established main street financial markets (e.g., Equities, Futures, Options, and FXs). ECX-100 provides APIs and direct cache server access. The APIs include realtime streaming API and cache API. The direct access supports low-latency, constant-jitter connectivity, and high-throughput I/O computation. Through dedicated or shared connections to the servers, customers can perform time-sensitive and/or high-throughput computational tasks. Concise Binary Object Representation (CBOR) is used to minimize the network communication overhead caused by message encoding, decoding, and transmission. ECX-100 is available on public clouds, private clouds, and customer on-premise data centers. ECX-100 can also be integrated into customer systems. Upon request, ECX-100 can be configured and optimized for customer needs. In Q2/Q3. 2019, ECX-100 will provide global order execution and smart order routing services.
ExxaBlock realtime feeds are delivered in three distinct data/analytic resolutions -- Timeseries, Event, and Bar/Interval.
  • Timeseries (e.g., tick-by-tick) includes all values generated when market data arrive or any analytic measure is calculated
  • Event (e.g., event-by-event) delivers only distinct values compared to their previous values
  • Bar/Interval (e.g., minute-by-minute) supplies values in a fixed time interval

Event resolution provides a few advantages compared to the other two resolutions. They represent the whole timeseries data with significantly fewer data points without any loss of computational accuracy. Based on our research and observation, for example, all event indices reduce more than 90% of timeseries indices. Furthermore, in less volatile indices such as ECI-100:B2 and ECI-100:B3, event indices remove more than 95% timeseries index values. It significantly reduces the computational burden on processing the whole index timeseries data and their derived analytics. As a result, events help customers to build low-latency and high-throughput algos, execution services, and monitoring systems with minimum resource requirements. Please check the following link on the example of the advantages of realtime event feed.

See Also
Services

ExxaBlock provides customers with advisory and consulting services in the following areas.

  • Build and maintenance of high-performance and low-latency research, trading, and market surveillance systems
  • Trading execution and algo/strategy development
  • High-Frequency Trading (HFT)
  • Modeling and simulation on HPC and Distributed Computing environment
  • In-memory timeseries and event database and analytics
  • Advanced distributed network protocol design and implementation
  • A turn-key solution of software and hardware integration
  • HPC and cloud computing
Disclaimer and Liability

EXXABLOCK INC. (HEREAFTER, EXXABLOCK) PRODUCTS AND SERVICES (HEREAFTER, PRODUCTS) ARE CURRENTLY AVAILABLE AS EARLY BETA PRODUCTS. DURING BETA PERIODS, ALL EXXABLOCK PRODUCTS ARE FREE TO USE FOR NON-COMMERCIAL AND NON-GOVERNMENT USES. COMMERCIAL AND GOVERNMENT USES REQUIRE PRE-APPROVAL FROM EXXABLOCK. THE PRODUCTS ARE PROVIDED "AS IS" AND ON "AS AVAILABLE" BASIS. EXXABLOCK DISCLAIMS ALL WARRANTIES OF ANY KIND RELATED TO THE PRODUCTS, WHETHER EXPRESS OR IMPLIED. EXXABLOCK AND ITS OFFICERS AND EMPLOYEES DO NOT PROVIDE ANY LIABILITY TO ANYONE RELATED TO THE PRODUCTS. BY ENTERING THIS SITE AND USING THE PRODUCTS, EXXABLOCK CUSTOMERS AND USERS ACCEPT THIS TERM AND GRANT EXXABLOCK PERMISSION TO COLLECT THEIR IP AND GEOLOGICAL INFORMATION.

ExxaBlock, Inc. 2019