The first hybrid crypto exchange

integrating industrial infrastructure of traditional stock exchanges with decentralized network

Created by professionals for professionals. We would like to share with you our significant experience of creating and operating high-load systems at traditional stock exchanges, gained for many years.

News & Announcements

Big news: Qurrex CEX matching module is now available for load test

If you wish to participate in the creation of a new generation exchange join the test process now! Just e-mail to: matching@qurrex.com.

Blockchain Advisor and Impact Investor David Drake Joins Hybrid Cryptocurrency Exchange Platform Qurrex

We are pleased to announce that David Drake, Founder and Chairman of LDJ Capital, Joined Qurrex Board of Advisors.

Qurrex Token Pre-sale Starts February 7th with Non-Public Offering To Whitelist Participants

We at Qurrex.com, first of its kind hybrid cryptocurrency exchange, are excited to announce the start of a private token pre-sale.

Just 2 minitues about what is Qurrex. Enjoy

Key features

Performance

  • 70.000 transactions per sec.
  • Latency: 650μs (99%)
  • Regular load testing with participation of clients

Social Trading

Within the Qurrex trader community, effective management of one’s own trading account is verified by rigid evaluations. A trader who includes his/her trading account in the Qurrex rating can count on income from the trade signals.

  • Own marketplace
  • Training portal & knowledge database
  • Forum & chat messenger

Liquidity

We plan to provide Qurrex with high liquidity thanks to:

  • Cooperation with major liquidity providers
  • Qurrex’s sufficient liquidity fund
  • Best practice in launching new instruments

Functionality

  • Algo trading functionality embedded in GUI
  • Auto-copying of trading signals
  • Wide range of analytics tools & charts

High-Speed API

  • Binary (native) and FIX/FAST
  • WebSocket and REST

Transparency

For the first time on the cryptocurrency market, the Qurrex exchange discloses information fully and in detail, providing clients with:

  • Max. formalization of all processes (rulebook etc.)
  • Regular disclosure of financial accounts
  • Annual business audit (Big 4)

Our customers

Hybrid architecture

Synergy of:

Blockchain technology - ensures secure storage, eliminates intermediary and provides aggregated liquidity from all network nodes, including the centralized node

+

Centralized node - centralized exhange (CEX) with performance comparable to modern, cutting edge stock exchanges

The featured functions of the hybrid exchange:
  • formation of an aggregated order book based on quotes collected from all the system’s nodes (both the centralized and decentralized nodes);
  • dissemination of the aggregated order book to the blockchain nodes;
  • choice of the blockchain nodes with the best instrument prices/quotes to place the order submitted by a client (if the order is not marketable, it is entered in the order book of the original system node);
  • sending the order to the selected system node (for marketable order); entry of information on the order into the blockchain (for queuing order);
  • receipt of execution confirmation.
Best execution logic:

Each node of the hybrid exchange provides the Best Execution service to the user. Broker companies operating in countries with a developed financial market are obliged to provide the Best Execution service. In Qurrex this service is implemented by a special module – Smart Order Router, which is part of all the blockchain nodes, incluing the centralized (CEX) node.

Qurrex DEX blockchain is built of two types of nodes: confirming nodes and user nodes. The DEX protocol allows confirming nodes to charge other nodes a commission for the deals and transactions. The commission is charged in the deals's (transaction's) cryptocurrency.

There is a special kind of trading orders: DEX Cross-Chain cross-platform atomic orders (transactions). Cross-platform orders are charged just once, when being placed on decentralized nodes. Such orders are included in blocks as DEX transactions, while the confirming nodes charge their commission.

Qurrex founds special cryptocurrencies (qBTC, qETH). A trader can exchange these cryptocurrencies through DEX and his trades are to be charged for the deals theirselves, not for separate blockchain transactions.

Roadmap

  • 2001-2014
    Legacy Product
  • NOV 2017
    Qurrex prototype
  • FEB-APR 2018
    Token-sale
  • JUN 2019
    Qurrex trading functional
  • SEP 2019
    Social trading services
  • DEC 2019
    Hybrid platform
  • Legacy Product

    Since 2001, several protocols and implementations of electronic trading have been developed and adopted. In terms of speed and performance characteristics, the current version of the central link for processing trading orders is close to leading industry solutions.

    2013: TradeSharp, a trading and analytics platform, was developed by the Qurrex developer team. Unique methods and algorithms were implemented and tested in TradeSharp: batch testing of automated trade systems, auto-balancing trade signal portfolios, customizable technical analysis tools.

  • Qurrex prototype

    An internal protocol for trade transactions was approved.

    A scalable, fault-tolerant architecture for a multi-user terminal was designed and built.

    A prototype of the system’s central link was developed.

  • Token-sale

    Token symbol: QRX

    Token standard: ERC20

    Token type: utility

    Total token supply: 70m

    Total token for sale: 55m

    Total token for pre-sale: 17m

    Period of public pre-sale: 27 February - 7 March

    Period of sale: 19 March - 7 April

  • Qurrex trading functional

    Obtaining CSSF license for providing broker services on the cryptocurrency market

    Integration with pay systems, a user dashboard, and acceptance of fiat currencies.

    Marginal trading with cryptocurrency pairs, fiat currencies, and other assets

    API connection for placing trade orders and receiving market data

    Algorithm trading in the Qurrex web terminal

    Analytical services and infographics on the Qurrex portal

  • Social trading services

    Ratings of trade strategies in the Qurrex terminal

    Transaction copying service for managing traders

    The Qurrex info portal, a base for trading algorithms and embedded scripts

    Back-end services for Qurrex’s corporate clients and brokers

  • Hybrid platform

    Opening of representative offices in additional jurisdictions

    Registration of Qurrex’s DEX nodes

    Integration of the DEX trading segment into the web platform

    Incorporation of DEX liquidity into the trade order register of the exchange

Token Sale Structure

Token distribution
Crowdsale funds distribution

Team leaders

Matthijs Johan Lek

Founder and CEO

Mathijs Johan has worked in finance for 20 years, including investment banking, brokerage, and business development.Under his lead there is a team of traders and advisors with wide experience on FX market, development of trading strategies, algorithms, trading robots. Over the recent years, the team has been actively trading on the cryptocurrency market.

Slava Baikalov

Co-Founder and Head of east europe office

Slava for 10+ years specializes in corporate finance, investment banking, investment analysis, M&A and fundraising. Few years ago he became the crypto-enthusiast and cryptotrader

Andrey Sitaev

CTO

Andrey’s team comprises 17 frontend and backend developers with a remarkable software development background.Andrey and his team focus on .NET framework and have been successfully implementing margin trading algorithms since 2008. Andrey has led development of a Forex analytical / trading platform TradeSharp.

Alexander Bobryshev

Product Manager

Has experience in design and development of high-loaded systems, embeddable and server solutions, antivirus software, information security systems. Also participated in development more than 50 projects, including: payment service transport system ASK-PAY, antivirus software (Kaspersky Security Scanner, Kaspersky Antivirus, Kaspersky Internet Security, Kaspersky Update Utility), components of transport monitoring system (TOne-Suite), biometric identification system (Hitachi H-1), economic news service (PRIME)

Ivan Serikov

Back office Architect

Ivan has over 10 yrs experience as solution architect and team leader in implementation of CRM systems at large scale companies of different industries (from financial institutions to airplane companies). He focuses on automation of business processes based on Oracle products stack (Siebel CRM, BI). Ivan also participated in Big Data projects for large-scale airline company.

Vladimir Tsarkov

IT Project Manager

Vladimir has been working in different IT fields for more than 15 years, including SW development and management, extremely high loaded products development, releasing and supporting for Telcos and MNOs: IBM, HP, AT&T, Swisscom, Vodafone, Telefonica, Orange, SFR, China Mobile, Aricent, Hitachi, Fujitsu, NEC, Singtel, Axiata and others. In meantime, he was in time to acquire two IT patents in network and business optimization technologies. Mature experience in development processes building and execution does allow to organize steady product movement.

Karine Gabrielyan

Business Developer

Karine Gabrielyan has been working in the financial sector since 2005 and started her career at the RTS Stock Exchange where she was responsible for the derivatives market development. In 2012 she moved from the exchange which at the time after the merge had become the Moscow Exchange, to one of the top Russian brokers where she was responsible for the brokerage business development as well as cooperation with the exchanges the broker was connected to.

Markel Baykalov

Director of Corporate Development and New Projects

Markel holds a Master of Laws degree and has over 9 years experience in the field of law and corporate management and development. Since December 2015 he had leaded the corporate office and had been responsible for start up of new projects in RTS companies group (stock market, clearing company, bank) in the capacity of Corporate Development and New Projects Director. In December 2017 he joined the Qurrex team as the Corporate Management Director. Markel is deeply specialized in the field of exchange markets, credit organizations, financial institutions, P2P and B2P services operation. During his professional career in the field of corporate management and development he supported a series of M&A and IPO deals, which cost exceeded $7 billion. During his work in Moscow Exchange and RTS companies groups Markel provided legal support of new financial (exchange traded) products and new projects (Voskhod Investment System and CryptoVoskhod) start ups.

Oleksandr Dubyna

R&D Team Lead

Lead Engineer with more than 10 years experience in IT, has more than 30 successful projects. Working experience in largest international and state companies, like Accenture, MotorSich, Pacific Northwest Software and others gathered the expertise in systems architecture, analytics and optimization inventions.

Kirill Gotovtsev

CMO

The oldest professional of advertizing in Russian Internet For 25 years Kirill is engaged in communications of hundreds companies. His clients list includes not only high-technology financial startups but also large conservative projects. Last two years Kirill consult more than 6 cryptoprojects. He is a head of department of marketing in Qurrex.

Yury Panov

head of marketing strategy

Yury is a head of strategy planning in BBDO Russia Group (CIS representative office of the world's biggest and most awarded advertising agency). He has been working in branding and advertising industry since 2007. During this time he developed effective strategies for leading russian brands in FMCG (PepsiCo, Mars), telecom (Veon, MTS), retail (IKEA, X5 Retail Group), finance (VTB, Soglasie) and other categories. Yury is a lecturer and jury member in the Wordshop Academy - the world's best advertising school (in 2017) and member of the Russian EFFIE jury.

Maksim Rodionov

web developer

And Developers Team

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Advisors & Partners

Konstantin Sviridenko

Adviser, Chairman of QURREX’s Supervisory Board

Board member of St. Petersburg Stock Exchange,

CEO of Investment System «Voskhod»

Konstantin and his team have a proven track record in development of trading & clearing systems and creation of financial instruments at stock and derivatives exchanges across Eastern Europe(RTS,St. Petersburg Stock Exchange,Investment System Voskhod,Ukrainian Exchange). Qurrex will hire Konstantin as a consultanton creating the platform and building all operational, IT and business processes from scratch.

Dmitry Lavrov

Asset Manager

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.

David Drake

Strategy Advisor

David Drake is Founder and Chairman at LDJ Capital, a multi-family office which deals in worldwide funds with over $1.5 trillion in assets, and maintains over 50+ global directors and family office partners. More recently, Mr. Drake is also seen as a leader in cryptocurrency. Mr. Drake saw the value of digital assets when everyone was avoiding it. It all started in 2011 when Mr. Drake collaborated on the JOBS Act to create new laws underlying all fundraising in the U.S. for all ICOs. He runs a $200M LDJ Cayman Fund focused on cryptocurrency, mining and ICO acquisitions. LDJ Capital Credit also offers middle market bridge financing to seed upcoming ICO’s. Previously he held a majority stake as a Managing Partner with Robert Hambrecht in an Alternative Energy Fund NewCommons Capital 2009-2010.Mr. Drake was born in Sweden and is fluent in six languages. He holds an MBA in Finance and an MA in International Law and Economics from George Washington University in DC where he was awarded the Wallenberg Scholarship for academic merit.

José Luis Coirolo

Trading Serviсes Advisor

José Luis Coirolo is the Founder and President at Sapient Venture Partners, an advisory services firm with deep domain expertise across multiple layers of the technology stack, from trading applications and platforms, core infrastructure in Market Data Services, Data Management, and Order Execution. Previously, Mr. Coirolo was the Managing Director at NYSE Euronext and InterContinental Exchange responsible for overall Data Management Services (DMS) business strategy and Advisory Services within NYSE Euronext's Global Market Data function. Prior to that, he was the Head of Market Data Services at Caxton Associates LLC and previously with Donaldson, Lufkin & Jenrette.

Brian Konradi

Legal advisor

Among other projects, Brian advised e-commerce company, KupiKupon, as their in-house international general counsel in 2011. Representing clients in the US and Russian markets, he founded the boutique law firm, Danilov & Konradi LLP with former Akin Gump colleague, Andrei Danilov. In 2016 The Legal 500 included Brian in the list of recommended lawyers for Corporate/M&A in Russia noting him as a "superb dealmaker.”

Alexey Troshin

B2IT Financial Advisor

Alexey has more than 13 years of SW development management, direct practical experience in highly loaded B2B solutions, banking and finally C-level position in big financial corporation - all that gives unique knowledge base to provide high performance, load capabilities and persistence for hybrid exchange systems.

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Media about Us

chinise
bitcoingarden
blockchaintechnews
coinroundup
dailytelescope
irishtechnews
huffingtonpost
quantnews

Partners

  • Sunbay
  • Wings Foundation
  • KYC legal
  • Danilov & Konradi LLP
  • Sunbay

  • Wings Foundation

  • KYC legal

  • Danilov & Konradi LLP