Release Notes

Hello Paradigmers!

Today's update (v 0.91) to Paradigm includes the following features:

# Features

👉 Launched Unified Markets
👉 Unified View combining both Request for Quote (RFQ) and Complex Order Books (formerly known as GRFQ) into one combined View
👉 Combined Market Builder for both RFQ and Complex Order Books
👉 Introduced Tabs and Filters to help manage multiple markets
👉 LIMIT Order Functionality for RFQs
👉 UX and UI Improvements
👉 Introduced DRFQv2 API (refer to API documentation for more details)

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Please reach out in case of any questions!

Sincerely, The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.90) to Paradigm includes the following fixes:

# Fixes

👉 Resolved the issue in the “Unified Markets” “Market Builder” modal where in the “Mark Price” value was incorrectly calculated for multi-leg strategies

👉 General bug fixes

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Please reach out in case of any questions!

Sincerely, The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.89) to Paradigm includes the following new features and fixes:

# Features

👉 Introducing Tabs on Unified Markets: Organise your board by creating tabs, renaming tabs, applying unique filters to each and seamlessly re-order them

👉 Unified Markets users can now trade BIT USD-Margined Options / Futures ( BTC, ETH, TON) on GRFQ Orderbooks

# Fixes

👉 Minor bug fixes and stability fixes

Please reach out in case of any questions!

Sincerely, The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.88) to Paradigm includes the following new features and fixes :

#Features

👉 FSPD users are now able to trade 25 new Bybit USDT Spot / USDT Linear Perpetual strategies. Strategy assets added include: BNB, DOGE, USDC, MATIC, DOT, AXS, LINK, BIT, BCH, APT, APE, ETHW, AAVE, SUSHI, FTM, LTC, MKR, TRX, ALGO, GMT, CEL, NEAR, CHZ, UNI, LDO

👉 FSPD DBT BTC & ETH Strategies including an inverse margined leg have an updated minimum tick size to match Deribit’s recent change to the instruments' specifications.

👉 FSPD Bybit ETH USDT Spot / USDT Linear Perpetuals Strategies have an updated minimum tick size to match Bybit’s recent change to the composite instruments' specifications.

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

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Hello Paradigmers!

Today's update (v 0.87) to Paradigm includes the following new features and fixes :

#Features

👉 Users will now be able to filter markets that appear in Unified Markets!

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

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Hello Paradigmers!

Today's update (v 0.86) to Paradigm includes the following new features and fixes :

#Features

👉 Validations to help ensure Deribit Venue API Keys are healthy and have the necessary scope permissions to trade. Users can now check their Client Admin Dashboard for the health status of their Deribit Venue API Keys and what’s required to remedy any which have become unhealthy.

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

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Hello Paradigmers!

Today's update (v 0.84) to Paradigm includes the following:

#Fixes

👉 Minor bug fixes for DOV’s

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

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Hello Paradigmers!

Today's update (v 0.84) to Paradigm includes the following new features and fixes :

#Features

👉 Unified Markets has been released! GRFQ markets, where settlement occurs on CeFi venues, is now available in a new menu item.

#Fixes

👉 DRFQ and GRFQ now enforce Taker Execution limits (2 executions per desk per 5 seconds)

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

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Hello Paradigmers!

Today's update (v 0.83) to Paradigm includes the following new features and fixes :

#Features

👉 Unified Markets has been released! GRFQ markets, where settlement occurs on CeFi venues, is now available in a new menu item.

👉 👉 Users are able to “Pin” and “Un-Pin” markets.

👉 👉 Users now have 4x expandable tabs including “Open Orders”, “Trade Tape”, “Order History”, and “Trade History”.

👉 In FSPD, FTX strategies are now available for the following assets: APT, HT, CHZ, RAY, SRM.

👉 In FSPD, Trade Rejection Lockouts are now live! Being responsible for a single margin-related Trade Rejection will cancel your existing FSPD Orders & disable the ability for desks to CREATE/REPLACE/CANCEL Orders until speaking to client services.

👉 In FSPD, desks' orders apart of a Trade Rejection will no longer be entirely canceled. Only the desk responsible for the margin-related Trade Rejection will have their Order immediately canceled.

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.82) to Paradigm includes the following new features and fixes:

Features

👉 In FSPD, Bybit USDT Spot + USDT Linear Perpetual Strategies are now available to trade!

👉 In FSPD, FTX’s SUSHI, CEL, MKR, GMT, TRX, and ALGO strategies are now available to trade!

‍

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.81) to Paradigm includes the following new features and fixes:

Features

👉 In FSPD, FTX’s ETHW & USDT asset strategies are now available to trade!

API Changelog

👉 DOV API has been released into GA: Paradigm API v1

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.80) to Paradigm includes the following new features and fixes:

Features

👉 In FSPD, the following new FTX assets are available to trade: NEAR, ADA, AAVE, DOT, AXS, ATOM, XRP, EOS.
👉 The DOV API is now available to all users!
👉 In GRFQ, Bybit BTC, ETH, and SOL Options are now available to trade!

API Changelog

👉 DOV API has been released into GA:  https://docs.paradigm.co/#vrfq-api-workflows

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.79) to Paradigm includes the following new features and fixes:

Features

👉 In FSPD, Deribit BTC & ETH Strategies' minimum tick sizes have increased to match the contract specifications of the underlying settlement venue.
👉 In FSPD, FTX Trade Rejection Error messages have been updated to delineate the responsible party.

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.78) to Paradigm includes the following new features and fixes:

Features

👉 In GRFQ, Bybit BTC Options are now available!
👉 In FSPD, FTX BNB, FTM, MATIC, and BCH strategies are now available!
👉 In FSPD, the Spot Index price has been added to the “Execute Modal” and the “Edit Modal”.
👉 In FSPD, the FTX Trade Rejection Error messages verbosity has greatly improved!
👉 In FSPD, users are able to see the top of books’ available quantity for each Strategy!

Fixes

👉 In GRFQ, 1-click trade option disabled when user has quote on the opposing side for the RFQ.

API Changelog

👉 The /orders/ endpoint has been officially sunset, please use the ioc flag as referenced in: Paradigm API v1

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.77) to Paradigm includes the following new features and fixes:

Features

👉 In FSPD, “1-Click Trading” is now available!
👉 In FSPD, the following new assets are available to trade: APE, DOGE, LINK, LTC

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Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.76) to Paradigm includes the following new features and fixes:

Features

👉 1-Click Trading for GRFQ! 🔥🔥🔥
👉 Streaming Mark prices on the GRFQ Page
👉 Better than Mark highlighting on the GRFQ Page

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API Changelog

👉 the /orders/ endpoint will be removed as of August 11th, 2022.  Please use the IOC flag as referenced in: Paradigm API v1

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Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.75) to Paradigm includes the following new features and fixes:

Features

👉 FTX Spot + Perpetual/Futures & Perpetual/Futures + Futures strategies are now available! 🚀

API Changelog

👉 the /orders/ endpoint will be removed as of v0.76, please use the ioc flag as referenced in: Paradigm API v1

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.74) to Paradigm includes the following new features and fixes:

Features

👉 DeFi RFQ: Added ability to quote with AVAX auctions
👉 MDRFQ: Added Solana Options and Futures

API Changelog

👉 the /orders/ endpoint will be removed as of v0.76, please use the ioc flag as referenced in: https://docs.paradigm.co/#post-rfqs-rfq_id-quotes

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.73) to Paradigm includes the following new features and fixes:

Features

👉 DeFi RFQ: Add Wallet Selection to Quoting Interface
👉 DeFi RFQ: Add Trade History
👉 GRFQ: Added Solana Options and Futures

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.72) to Paradigm includes the following new features and fixes:

Features

👉 GRFQ: New Immediate-or-Cancel API endpoint released to replace orders endpoint
👉 All FSPD users are now able to submit “Post-Only” Orders!
👉 All FSPD users will now receive much improved Trade Rejection Error Messages!
👉 FSPD API users will now be able to request the [GET] /trades endpoint with the order_id query string parameter.

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Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.71) to Paradigm includes the following new features and fixes:

Features

👉In FSPD, we have released “Platform Management” to communicate changes in the market availability state. Upon scheduled & unscheduled interruptions to trading, User Interface and API users will be notified of the change to the market availability state, what the next market availability state will be and the estimated time of transition. This also most notably introduces a “Cancel-Only” state which will follow any interruption to trading.
👉 In FSPD, the RESToverHTTP [GET] /orders endpoint’s query string parameters have been extended to include a from_order_id to enable greater filtering.

👉 In FSPD, the RESToverHTTP [GET] /trades endpoint’s query string parameters have been extended to include a from_trade_id to enable greater filtering.

👉 Any GRFQs created by a user will automatically be pinned to the top of the list in addition to users being able to select the GRFQs to pin.

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.70) to Paradigm includes the following new features and fixes:

Features

👉 In FSPD, users are now able to trade Deribit’s Solana Inverse Futures!
👉 In GRFQ, right click any GRFQ to pin to the top of the screen.

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Fixes

👉 In GRFQ, clicking a price populates that price in the Quote Modal.

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Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.69) to Paradigm includes the following new features and fixes:

Features

👉 In FSPD, we have introduced “Order History” and “Trade History” tabs
👉 In FSPD, the user created name for the Venue API Key now appears on the “Open Orders”, “Order History”, and “Trade History” tabs
👉 In FSPD, the “Strategy Details” table on the “Execute Modal” now reflects the actions for each leg of the Strategy depending if you viewing the modal from the Buyer/Seller perspective
👉 In Loans RFQ, users are able to enter up to 2000 characters for Notes
👉 In the Admin Panel, users are able to enter a list of email addresses to be notified with all trade recaps from a desk

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Fixes

👉 In FSPD, Market Data no longer has a delay in appearing on the “Execute Modal”

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Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.68) to Paradigm includes the following new features and fixes:

Features

👉 In FSPD, users are now able to cancel Orders using an 'x' on the Order Book.

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.67) to Paradigm includes the following new features and fixes:

Features

👉  GRFQ: Simplified workflows for fast and easy aggression  
👉  GRFQ: Display Greeks information when creating GRFQs

Fixes

👉  GRFQ performance improvements

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.66) to Paradigm includes the following new features and fixes:

Features

👉  G-RFQ Custom Delta Hedges: Delta Hedges Newly available for Custom Strategies
👉  G-RFQ Delta Hedges: Multiple Delta Hedges are available for all Option strategies with multiple expiry dates
👉  G-RFQ Quote Layering: Users can make two quotes on the same side of a G-RFQ
👉  Quick links to Client Solutions Telegram Channel to resolve issues

Fixes

👉  General Future Spread Dashboard Bug Fixes.

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.65) to Paradigm includes the following new features:

Features

👉  New User Onboarding – join Paradigm instantly! 🚀

👉  Click-to-populate prices – enhanced workflows for faster quoting

👉  New way to discover loan rates – Term structure

👉  See your executed Future Spread  trades in the Trade Blotter

👉  Future Spread Trades are published via our Telegram notification channel

👉  Future Spread Market Integrity improvements

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Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.64.2) to Paradigm includes the following new features and fixes :

Features

👉  For the Future Spread Dashboard, a “Trade Tape” tab has been added to the user interface to allow users to easily see all Future Spread Dashboard trades successfully settled.

👉  For the Future Spread Dashboard, a [GET] /trade_tape RESToverHTTP interface endpoint has been added.

👉 For the Future Spread Dashboard, the order_book.{strategy_id}.{level} WebSocket channel has been updated to include an order_id attribute when the level query string parameter is equal to L3.

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Fixes

👉  The Future Spread Dashboard order_book.{strategy_id}.{level} WebSocket channel has been updated as so the timestamp is in nano and not milliseconds when the level query string parameter is equal to L3.

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Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.64.1) to Paradigm includes the following new features and fixes :

Features

👉  Future Spread Orderbooks are now LIVE 🔥🎲 Users are able to trade future spreads as a single structure using a central-limit order book.

See FSPD API Documentation

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Fixes

👉  The quantity on GRFQ board now opens the quote builder.
👉  Fix WebSocket message when creating a new GRFQ
👉  Increased rate limits for GRFQ (350% of prior limit)

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.64) to Paradigm includes the following new features and fixes :

Features

👉  Introducing Read-only access to APIs
👉  DRFQ product supports custom Bit.com strategies for BTC/ETH/BCH options and futures
👉  Loan RFQ builder now supports future dates
👉  Numerous Loan RFQ assets added included ADA, SOL, DOGE, etc.

Fixes

👉  GRFQ expiration shortened to 6 from 24 hours effectively reducing the lifespan

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Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.62.2) to Paradigm includes the following new features and fixes :

Features

👉 Market Maker Protection with default setting of maximum 2 executions/second across all RFQs
👉 Warning when quoting Hedged Structures
👉 Admin Dashboard: Maker Uptime Report showing % of time desk quotes active RFQs
👉 Admin Dashboard: Anonymized Trader Rankings by Trade Volume

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.62) to Paradigm includes the following new features and fixes :

Features

💥 GRFQ is live! As part of this launch, you will be notified to accept new user agreement prior to continue using the application. Please accept relevant agreement (US or Non-US Persons).

Log into your Paradigm account to:

👉 Spawn a public auction
👉 Place limit orders
👉 Respond with any size
👉 Execute across multiple CPs in single click execution

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.61) to Paradigm includes the following new features and fixes :

Features

👉 Zero Collateral support for Loans settled on Fireblocks
👉 Loans Term Sheet to include PDF attachment
👉 New Loan RFQ notifications now available via Telegram

Fixes

👉 Improving visibility for quotes on RFQ board
👉 Other bug fixes

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.60) to Paradigm includes the following new features and fixes :

Features

👉 Taker Throttling to 1 execution per 3 seconds (rolling window) for Market Maker Protection
👉 Support for Zero Collateral loans executed Bilaterally

Fixes

👉 Limiting quote expiry to minimum 60 seconds for quotes created via API (consistent with UI)
👉 Other bug fixes

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.58) to Paradigm includes the following fix:

Fix

👉 Application logging and tracking improvements

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.57) to Paradigm includes the following new features and fixes :

Feature

👉 “Refresh” button on Multi-dealer RFQ page for full refresh of the RFQ table
👉 Min block size for Deribit - ETH options is updated from 500x to 250x

Fix

👉 Additional error logging to detect and resolve system issues

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.56) to Paradigm includes the following new features and fixes :

Feature

👉 Multi-dealer RFQ Display will highlight any new Best Bid/Offer quotes with a Flash

Fix

👉 UI Performance improvements
👉 Fixed the issue when newly submitted RFQ was not displayed to the user instantly

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.55) to Paradigm includes the following new features and fixes :

Feature

👉 BBO (including size) display is available on both Desktop and Mobile Applications. Taker side: seen in the MDRFQ expanded row view. Maker side: seen in the Quote window and "View Details" screen
👉 BBO snapshot values are taken at the time first active maker quote is provided, and are updated whenever a new maker quote is available.
👉 Display easy BBO offset values for each Paradigm price returned (Positive offset on Bids/ Negative offset on Offers indicate better Paradigm pricing than screen)
👉 Single leg RFQs - Direction restricted to Buy. After submitting RFQ, customer will receive two-way (Bid and Ask) quotes, allowing customer to trade in either direction.

Fix

👉 Performance and Reliability Improvements
👉 Fixed Mac Application crash in rare scenario
👉 Fixed Accounts not loading in RFQ builder

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.54) to Paradigm includes the following new feature and fix:

Feature

👉 New Risk Protection feature for Takers - Admins can now set up Price Bands for each product. Once set up, all Taker executions will be validated against Mark price and Price Bands.
👉 Increased maximum # of counterparties to 60 as more liquidity providers joined Paradigm.
👉 Ability to disable Chat at desk level.

Fix

👉 Fixed display issue with Mobile keypad hiding leg details for Custom Strategies.
👉 Fixed issue with Bid > Ask validation in some cases.
👉 Display selected sub-account on RFQ screen when Maker only entered one way quote.
👉 Fixed issue with notifications in case of a user using Mobile Testnet and Production apps.

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.53) to Paradigm includes the following new feature and fix:

Feature

👉 Updated “Default Account” selection UX for better clarity and ease-of-use
👉 Admin Dashboard: Removed “Discovery” and “Products” under Desk Management
👉 Removed “/” Maker Command

Fix

👉 Quote Canceled modal will no longer display countdown timer
👉 Admin Dashboard - Removed "Maker Functionality" toggle for all venues
👉 RFQ builder out of bound text issues for Single dealer

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.52) to Paradigm includes the following new feature and fix:

Feature

👉 Introducing BCH Options and Futures on Bit.com 🔥
👉 Export Historical Trades from Admin Dashboard
👉 API - Support Liquidity Providers (LPs) query for Get/counterparties
👉 Bit.com - Eliminate need for Read access on the API Key
👉 Updating default expiration time for All RFQs to 15 minutes to eliminate stale RFQs and clutter
👉 Remove Venue Price Band checks on Quoting
👉 Eliminate ability for a counterparty to block another counterparty
👉 “Better Quote” validation - If taker tries to hit/lift a quote that’s not best, system will reject the order indicating “Better Quote Available”

Fix

👉 Fixed Password Reset for Windows App
👉 Improved UI Performance to address System getting slower over time

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.51) to Paradigm includes the following new feature and fix:

Feature

👉 Paradigm API is now LIVE! Automated quotes for multi-leg spreads!🔥🔥🔥🔥
👉 Significant Performance Improvements for Multi-dealer RFQ workflows
👉 Updated Counterparty Selection and introduced Maximum 50 Counterparties for Multi-dealer RFQ

Fix

👉 Improved log-in performance and fixed issue with log-in taking too long for some users
👉 Fixed issue causing "Error occurred while initializing" popup on waking app
👉 Fixed Best Bid/Offer not pre-populating for single dealer strategies

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.50) to Paradigm includes the following new feature and fix:

Feature

👉 New Risk Protection feature for Makers - Admins can now set up Price Bands for each product. Once price bands are set, all Maker quotes will be validated against Mark Price + Price Band.

Fix

👉 Fixed issue with Bit.com Futures quotes not being rounded/showing trailing zeros

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.49) to Paradigm includes the following new features and fixes:

Features

👉 Automatically populate Bid and Offer fields with BBO from screen in Quote Modal
👉 New icons for the Trade Blotter and Settings in the Sidebar
👉 Paradigm version number now displays in the Setting menu

Fixes

👉 Fixed issue where taker received an error when sending an RFQ to an unapproved counterparty
👉 Fixed blackout on clicking Reprice button
👉 Fixed Accounts not loading in RFQ builder
👉 Fixed issue where Makers were unable to quote second side after sending a 1 sided quote
👉 Fixed blackout when desk admin left the group
👉 Updated Error Message related to Individual Leg Price Calculations
👉 Fixed issue related to switching desk admins
👉 Fixed display issue for multiple trade ids

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.48) to Paradigm includes the following new features and fixes:

Features

👉  Added a new column that displays Mark Price in the quote modal when quoting MDRFQs
👉  Added three new columns to the MDRFQ Monitor: Product, Sub-Account, User.

Infrastructure

👉  Database upgrades that lay the foundation for our public API release 💥

Fixes

👉  Added Websocket changes to the MDRFQ grid for invalid states.
👉  Fixed issue where the buy/sell button appears again for the first quote when executing multiple quotes
👉  Mac App is no longer blocked from use during first install.
👉  Fixed blank screen issue when you login to the browser for the first time.
👉  Fixed issue where updated firm name did not appear in Trade Recap email.
👉  Fixed issue where Index price had trailing zeros in email trade recap.
👉  Fixed canceled price display issue in Trade Recap.
👉  Fixed black-screen on viewing Trade Recap.
👉  Fixed issue where Maker was unable to submit 2 sided quote after sending 1 sided quote.
👉  Fixed issue where Implied Volatility value was incorrect in the Trade Recap email.

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.47) to Paradigm includes the following changes:

We have deployed infrastructure upgrades to support an increase in traffic from our public API in addition to networking upgrades that support outbound IP whitelisting on supported venues.

👉 Paradigm IP Addresses for Whitelisting can be found here: https://www.paradigm.co/help-center/paradigm-whitelist-ips

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.46) to Paradigm includes the following new feature:

Feature

👉 Bit.com ETH Options and Perpetuals are now live!

‍

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.45) to Paradigm includes the following new features and fixes :

Features

👉 Selected counterparties in the RFQ Builder move to the top of the list
👉 MDRFQ shows quotes from top 3 Makers (vs 5 earlier)
👉 Added commas to the Qty field for easier reading
👉 Auto-create a new Entity equal to the Firm Name for all new Desks

Fixes

👉 Bit.com - Fixed IVol shown in email trade recap
👉 Fixed issue where chat items overflowed slash command modal

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.44) to Paradigm includes the following new features and fixes :

Features

👉 New Product: Multi Dealer RFQ (MDRFQ)  🔥
     - Quote multiple counterparties simultaneously and execute on the Best Bid/Offer
     - Stay Anonymous 💥
     - Global Block Trade Blotter

👉 New Product: Bit.com Future Spreads 🔥
👉 Improved Trade Notifications for Singe-Dealer RFQs
👉 Maker Quote Execution Window can now be configured to between 60-300 seconds
👉 Added an “Approve All” button to the Counterparty Management page in the Admin Dashboard
👉 ‘Reply’ functionality to a message in group and trade chats
👉 Chat notifications now blink only 4 times for every new notification

‍

Fixes

👉 Admin Dashboard users couldn’t change members account type
👉 Profile picture was disappearing in chat when an RFQ is sent

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.43) to Paradigm includes the following new feature and improvements :

Features

👉 Two-factor Authentication (2FA) has been added for improved security. Users can enable 2FA from the App → Settings → Security.💥

Fixes and Improvements

👉  The RFQ button in existing trade channels will appear for new members added to the desk.

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.42) to Paradigm includes the following new feature and improvements :

Features

👉 Zero Paradigm Taker Fees for ALL Deribit products are now live! 💥
👉 Maker fees will be reduced to a flat Paradigm Fee of 0.0075% 💥
👉 Resize the desktop app, reclaim that screen real estate!

Improvements

👉  Reduced load times for Trade blotter and Group chats
👉  Fixed issue where CME account settings would appear in the market-maker quote modal for Deribit products
👉  Improved display for RFQ with more than 4 legs
👉  Updated taskbar with Paradigm icon
👉  Switched quantity denomination to #contracts for Deribit products in admin dashboard.
👉  Fixed Max Size error message to display #contracts for Bitdotcom

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.41) to Paradigm includes the following new features and fixes :

Features

👉 NEW VENUE: Bit.com Options + Futures 💥💥
👉 Custom RFQs are live (again ;)🔥
👉 Show member count in Trade Channels
👉 Display contract "notional" immediately while typing contracts quantity in RFQ builder
👉 New sexy Taskbar!

Fixes

👉 Fixed pricing issues for single leg, custom strategy with action SELL
👉 Displays only 2 letter initials in the contact list
👉 Displays warning message if a negative leg price is entered.

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.40) to Paradigm includes the following new features and fixes :

Important Changes

⚠️ *NEW Quoting Convention for Quantity* : All quantities will be quoted in terms of # of contracts!
⚠️ This will affect Deribit Futures trades! Instead of quoting in USD, users will enter quantities in terms of # of contracts!
👉  Summary of contract multipliers for each venue here: https://www.paradigm.co/help-center/venues

Features

👉 Custom RFQs are live! Trade any combination of Futures and Options contracts for a particular currency ! 💥
👉 Import Deribit Options and Futures positions to the RFQ Builder via CSV
👉 Export chat logs from Dashboard
👉 New Counterparties are automatically added as "Approved" in the web dashboard
👉 App is minimized to the system tray when closed
👉 Click on User name to open 1v1 chat
👉 Firm Name is shown in 1v1 chats
👉 Amended Email template
👉 First account/sub-account is automatically assigned default for new users

Changes

👉 Removed Delta Column from RFQ Builder
👉 Changed toggle text in RFQ builder to "Add Hedge."
👉 Updated Trade blotter : Removed columns : delta, ratio and quantity. Introduced new column Contracts.

Fixes

👉 Significantly improved responses of RFQ modals
👉 Improved RFQ Response Times
👉 Removed animations from RFQ Builder buttons

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.39) to Paradigm includes the following new features and fixes :

Features

👉  Spreads and Combinations are now live for CME products! 💥
👉  Updated color scheme and spacing on the contact list

Fixes

👉  Maker was unable to submit quotes for futures spreads
👉  Taker able to quote hedged leg outside min/max price bands
👉  "Deribit credential is missing" issue for Future Spreads
👉  All modals can now be closed with [x] or hitting the Esc key

Please reach out in case of any questions!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.38) to Paradigm includes the following new features :

New UI is now live!🔥

👉 Support for multiple entities for each Trading Desk
👉 Select defaults for Sub / Clearing Accounts and Entering Trader
👉 Makers quote responses now occur via a pop-up modal
👉 Separate tabs for Trade Channels and Chats
👉 Delivery and Read notifications for in chat messages via "status ticks"
👉 Contact list is left aligned with unique colors for each chat
👉 User's messages are aligned to the right side within chats
👉 General fixes and improvements

As always, we'd love your feedback!

Sincerely,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.37) to Paradigm includes the following features and fixes :

👉 Delta-neutral execution via our new RFQ Builder! 🔥
      Announcement here: https://bit.ly/2VZYdiQ
👉 Choose clearing accounts when building an RFQ 💥
👉 Implemented reduced minimum tick of $1 (vs $5 previously) for premium <= $25 for CME Bitcoin Options (Product Code = OG).
👉 Updated User Agreement to include Annex for US Cleared Products

Please reach out in case of any questions!

Thanks,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.36) to Paradigm includes the following features and fixes:

Feature

👉 Fee Schedule is now live! Effective as of this release, Block Trades on Deribit via Paradigm will incur a small Paradigm fee subject to discounted VIP tiers

Fixes and Improvements

👉 Fixed issue where the Chat name was cutoff at the top and a white bar appeared at the bottom of the application
👉 Fixed invalid syntax issue on Re-price for Calendars Spreads
👉 Enhanced designs for Group and Trade Channel Info Display and
👉 Cursor now automatically appears in the typing area when a chat is selected

Please reach out in case of any questions!

Thanks,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.35) to Paradigm includes the following features and fixes:

Feature

👉 New Strategy - Call and Put Calendar Spreads 💥

Fixes and Improvements

👉 Changed Trade Channel icons in the table display for the "/ Makers Deribit" function.
👉 Fixed issue where disabling Maker RFQ functionality would also disable Taker's ability to send an RFQ
👉 Fixed Mark Price indent issue

As always, please reach out in case you are experiencing any issues.

Thanks,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.34) to Paradigm includes the following features and fixes:

Features

👉 Full Counterparty Directory: View + Approve all counterparties on the Paradigm network  (killed search)🔥
👉 Automatically add new Desk Member to all existing Trade Channels when they are added to the Desk 💥
👉 Pop-up alert for when a restricted IP is detected

Fixes and Improvements

👉 Automatically trigger a browser refresh any time User makes changes to the Admin Dashboard
👉 Updated Product descriptions for Deribit product
👉 Cosmetic Change to Dropdown display
👉 Fixed Whitescreen while adding new Trading button
👉 Display 'Notional' for Futures in Trade Blotter
👉 Futures Trade Recap Email subject line corrected to say "Futures"
👉 Fixed issue where the Refresh button would disappear from the Trade Ribbon
👉 Fixed general Messaging and RFQ issues for Macs
👉 Fixed issue when quoting Deribit Futures Spreads to force a chronological order for expiries
👉 Fixed the "Convert to Analyst/Viewer" functionality
👉 Fixed issue where Closed Trade channels do not appear in search

As always, please reach out in case you are experiencing any issues.

Thanks,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.33) to Paradigm includes the following features and fixes:

Features

👉 "/Makers Deribit" displays top Market Makers on Paradigm ranked by volume 🔥
👉 Strategy Mark Price now displayed when Taker sends an RFQ  💥
👉 Displays generated Leg Prices for each leg in the Details popup when RFQ is quoted 💥
👉 Added support for a Reversal Conversion i.e. same strikes allowed for Risk Reversals 💥
👉 Trade Channel icon turns green when at least 1 Trader is online
👉 Ticker and Desk Admin Name displayed in Approved Counterparty list on dashboard and in the search pop-up when creating a Trade Channel
👉 Display Desk Ticker next to the User Name in all chats

Fixes and Improvements

👉 Fixed group chat issue where trade button appears and slash command does not work.
👉 Cosmetic updates to the Web Dashboard
👉 Corrected layout for trade modals w/ and w/out leg prices.

As always, please reach out in case you are experiencing any issues.

Thanks,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.32) to Paradigm includes the following features and fixes:

Features

👉 Future Spreads 💥
👉 Added support for Negative + Zero spreads for Butterflys and Risk Reversals💥
👉 Added support for non-equidistant Butterflys, Gut Risk Reversals and Gut Strangles
👉 New suave-lookin' Trade Confirmation Email template 🤙

Fixes and Improvements

👉 Added blocker in the leg pricing popup for when individual leg prices are entered as a 0 value.
👉 Fixed issue where quotes with one side as "-" or a "blank" went through as  a zero value.
👉 Fixed issue where "-" and "blank" spread quotes caused the spinner animation to loop endlessly.
👉 Fixed fee precision for Futures and Options
👉 Updated text for warning message on the Trade Recap window.
👉 Added error message if strikes are equal for Butterflys.
👉 Added warning message for negative and zero spreads
👉 Updated icons for error and warning messages.
👉 Updated error message for options tick size.
👉 Fixed issue where user was able to quote Bid > Offer when Bid = 0 and Offer was negative.
👉 Fixed issue where Maker was unable to quote zero value for Risk Reversals.

As always, please reach out in case you are experiencing any issues.

Thanks,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.31) to Paradigm includes the following features and fixes:

Features

👉 BTC and ETH Futures including Perpetuals now available to trade!💥
👉 New Trade Confirmation Email format💥
👉 New columns added to the Trade Blotter : Value, Quote Currency, Fees.

Fixes and improvements

👉 Fixed infinite app animation loop issue when machine wakes from sleep
👉 Improved responsiveness of Trade Channels with a lot of message and Trade History
👉 Improved TradeBot message formatting for RFQs via text indentation
👉 Fixed Paradigm price band check for outrights where prices above Min/Max bands were being accepted
👉 Fixed table display for Risk Reversal Calls 🔥Hot fix 🔥
👉 Forced Refresh when Desk Admin assigns away role on Admin Dashboard for a better UX.

As always, please reach out in case you are experiencing any issues.

Thanks,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.30) includes the following features and fixes :

👉 Support for multiple API Keys / Sub Accounts 💥
👉 Changed Taker/Maker designation on a block-trade to match Deribit's API description
👉 General bug fixes and improvements

As always, please reach out in case you are experiencing any issues.

Thanks,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.29) to Paradigm includes the following features and fixes :

Features

👉 Added Risk Reversals 💥
👉 Two-strategies RRCall and RRPut as a hack for negative spreads 😉(will be adding support for negative spreads shortly).
👉 Notification in pricing pop-up window for negative spreads.

Fixes

👉 Fixed issue where Maker was unable to submit quote.
👉 Hotfix : Group chats showing new messages for when a user joins a group.
👉 Fixed issue where messages were not sent and contact list did not update.
👉 Fixed issue where Trade Channel was taking longer than usual to load.

As always, please reach out in case you are experiencing any issues.

Thanks,
The Paradigm Team 💜

Hello Paradigmers!

Today's update (v 0.28) to Paradigm includes the following new features and fixes:

Features

👉 New Strategies: Butterfly, Call and Put Spreads (vertical, non-ratio) and Straddles 💥
👉 Improved algorithm for auto-calculating leg prices 💥
👉 Maker side pop-up window, for manual leg-price entry; cases when calculated leg-prices don't preserve delta-relationships
👉 Trade details popup appears for every RFQ

‍

Fixes

👉 Trade blotter date format changed to MM/DD/YYYY.
👉 Reworded "Options" to "RFQ" in Admin dashboard.
👉 User was unable to Add buttons after deleting all buttons.
👉 'Sell' was not displayed in Red for 'Add Options' popup.
👉 First letter was not capitalized for Fly and Spread.
👉 Notes did not persist in Trade Blotter.
👉 Removed redundant text from Cancel popup.
👉 Tab renamed from 'Options - Deribit' to Deribit in admin dashboard.
👉 Strategy price should display '--' for Outrights in Trade Blotter.
👉 Fixed issue Chat message not received and Contact list does not update(Released as Hotfix)
👉 Fixed issue so Bid cannot be greater than the offer (Released as Hotfix)
👉 Max trade size setting in Admin Dashboard was not being checked.(Released as Hotfix)
👉 White screen appeared when creating a new group.
👉 Paradigm Emails were getting caught in Spam Filters (created dedicated server on Sendgrid!)
👉 RFQ did not display for contract size in 4 digits.
👉 Countdown timer bar was resetting after typing a message.
👉 Text jumped in chatroom after user sends a message.
👉 'Index price' replaced by 'Underlying Mark Price' in Trade blotter.
👉 Fixed issue where app hangs when Taker executes/Maker cancels.
👉 Canceled RFQ showed as new message on logout/login.
👉 Contact list new message notification flashed when chat is currently open.
👉 Fixed issue where trade expired for taker but executed for maker.
👉 New RFQ s initiated canceled expired trade.
👉 Invalid syntax message changed  if quoted price does not adhere to min tick size.
👉 Counterparty was able to send RFQ if Maker setting was disabled.
👉 Extra trailing zero removed for ETH trades.
👉 Trade channel did not load with latest message.
👉 Fixed issue where Max Size = 0 on dashboard was not being respected.

As always, please reach out in case you are experiencing any issues.

Thanks,
The Paradigm Team 💜