Sigma is a project which will be launched by the Hydra X platform and it will thus fully give it's registered users the acess or permission to a platform that is well composed as well as coordinated cross asset marketplace. The essence of launching the SIGMA project by the hydra x platform is to help resolve the issue of fragmentation witnessed in the current cryptocurrency trading universe.
Fragmentation is an act of particular product or concept to be disintegrated or uncoordinated for example in the current cryptocurrency trading ecosystem, when crypto enthusiasts wants to sell a particular crypto asset, they will have to first locate the best exchange platform that will support the sale of such assets because exchange platform's supports trading of certain assets and not all and even if the individual is to locate the exchange platform where he or she can trade the asset, it might be that the platform have already laid down protocols that the trader might find unnecessary as well as uncomfortable. Fragmentation as well as other issues are said to be huge factors that are hindering the full scalability of the crypto asset trading ecosystem and thus through the sigma project the hydra x platform will thus create a system or platform or marketplace that is more integrated, effective as well efficient for crypto asset traders.
Hydra x is a platform which aims to close up the fragmentation gap which is said to exist in the current exchange system which is a key factor that has birthed also other issues like: inefficiencies in execution of asset trading, account creation amongst others. And to resolve all these, there is need to therefore create a platform that will facilitate or create an ecosystem where outstanding authority will be emphasised as well as facilitate a system of multi-asset permission or access and all these will be possible with the launch of Sigma by hydra x.
Why SIGMA?
With sigma, hydra x platform will be able to connect to an ecosystem which enables multiple trading arena that will incorporate exchange systems, brokers data provision as well as liquidity models and with all this, the hydra x platform will provide users a fully integrated platform. How possible will this be? Well with the below features set to be possed by the sigma project, the platform is set acheive all it's aims and objectives.
FEATURES OR COMPONENTS OF SIGMA
A. An API gateway that will help promote a multi ecosystem connectivity and will also provide a low latency.
B. An AMS (account management system) tool that will help to provide security on the platform and will also initiate encryption and also management of multiple generated API keys onboard the platform.
C. An OMS management tool. OMS means order management system and with this, orders will be aggregated, processed executed and confirmed.
D. A portfolio management aggregator "PMA" with this the platform will stack and also form or create a compatible trade history and will also facilitate asset transfer amongst multiple exchange systems.
E. A market data processing unit.
CONCLUSION:
Hydra X is set to create a platform which will eliminate the issues facing the current trading system by launching the sigma project. Hydra x will create a platform that will incorporate a multi venue marketplace which will all be possible with sigma.
TO GET MORE INFORMATION ABOUT THE HYDRA X PLATFORM:
Join the Telegram Group: https://t.me/HydraXOfficial
Follow on Facebook: https://www.facebook.com/HydraX.io/
Sign Up: https://webtrader.hydrax.io/
Follow on Twitter: https://twitter.com/Hydrax_io
Website: https://www.hydrax.io/
Sigma account email address: [email protected]
Writer’s Bitcointalk Username: Mantaya028
Writer’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2550188