With the increasing popularity of cryptocurrency, many exchanges have emerged. Along with those exchanges comes arbitrage opportunities for trades to take advantage of. AGI is one of the companies taking lead in the crypto-arbitrage industry. Cryptocurrencies has become growingly well known in these few years. Many major companies like Microsoft, Expedia and AT&T are integrating and accepting cryptocurrencies as one of their payment options.
At time of writing, the market value of cryptocurrencies traded on CoinMarketCap.com has exceeded USD 217 billion, with 24-hour transaction volume exceeding USD 78 billion. As cryptocurrency markets gain traction and growth, a variety of different exchanges begins to surface. Some of the traders uses their keen senses and accurate calculations to quickly capture the potential profit opportunities of cryptocurrency arbitrage.
Arbitrage is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance which results in the profit being the difference between the market prices at which the unit is traded.
One of the companies taking lead in the crypto- arbitraging industry is Arbitrage Group International. Founded in British Virgin Island, Arbitrage Group International (AGI) is a multi-faceted tech-focused trading company with a niche in high-speed algorithmic trading, AGI group is a fast-growing firm which specializes in stable, consistent digital wealth creation through efficient tech and human traders with direct links to major exchanges around the world.
With advancements in global exchange technology and the huge growth of exchanges in the traditional and cryptocurrency markets, AGI has a multitude of options for its proprietary trading algorithms to analyse, trade and provide solid returns for the firm.
Armed with the proprietary inhouse high-speed trading network of systems and nodes developed by AGI exclusively for cryptocurrency trading in today’s highly competitive markets, ICAN™ is built to work seamlessly with the company’s risk management and capital control team. ICAN™ consists of both a powerful front-end system which executes the trades and a back-end system which works with our AI machine learning programs to consistently improve its trading strategies, execution and performance.
AGI’S ICAN™ is powered by highly advanced computational power with our AGI Trader X6000 Pro. This inhouse proprietary workstation is packed with horsepower, courtesy of four Intel Xeon E5-2600 v4 series server-grade processors, offering a total of 72 CPU cores and 210 CPU threads with a max operating frequency of up to 7.6GHz. The Trader X6000 Pro also comes with up to 5 TB DDR4 Error Correcting Code Random Access Memory (ECC RAM) to ensure data integrity.
The brains of ICAN™ is the NVIDIA® DGX-1™. The DGX-1 packs the deep learning power of over 800 CPUs, delivering one petaflop of AI performance in a single node. DGX-1 is built on eight NVIDIA Tesla V100 GPUs, configured in a hybrid cube-mesh NVIDIA NVLink™ topology. It also uses the same NVIDIA GPU Cloud (NGC) Deep Learning Software Stack that powers all DGX Systems, enabling effortless workflow from desk to data centre, providing the cutting edge needed for the AGI platform to continue to pull away from its competitors.
Quoted from Mr Allen Gates, Founder of AGI, he believes that consistent development of cutting-edge software and the provision of high-performance trading software is the next key milestone for massive success. With that belief, came the birth of ICAN™.
Looking forward, Mr Gates and his team is confident that AGI and ICAN™ abilities to push forward in the financial and cryptocurrency industry and be the leader in the crypto-arbitrage industry will be well attested by the masses.
Media Contact: Mr Matthew Earl
Company Name: Arbitrage Group International
Country: British Virgin Islands