Connect with us

Technology

Bybit Spot Now Supports Percentage of Volume (POV) Orders, Giving Traders Better Flexibility and Greater Control

Published

on

DUBAI, UAE, Oct. 15, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, announced the launch of Percentage of Volume (POV) orders on its Spot exchange, giving traders a more controlled way to execute large trades.

POV Order was first made available to Futures traders on Bybit in May 2026, and has since recorded 9x growth in user base with an average monthly trading volume per capita at over $300,000 in its initial 4 months.

POV automatically splits large buy or sell orders into smaller trades, adjusting their size in real time to market volume or order-book liquidity. This allows sizable positions to be built or exited gradually, with execution better paced to actual market activity, helping reduce slippage and limit the market impact that large orders can otherwise create. For traders and institutions managing significant volume on Spot, the result is more predictable execution, greater control over entry and exit prices, and reduced exposure to unfavorable fills.

Key Advantages of POV Orders

VWAP-style execution: Trades are paced based on actual market activity instead of relying solely on fixed intervals, helping achieve prices close to the benchmark.Enhanced discretion: Order sizes adjust in line with market flow, making activity difficult for high-frequency traders to detect.Multiple execution modes: Users can choose between aggressive Taker execution or fee-efficient Maker placement based on urgency.Built-in slippage control: Execution slows down when liquidity is insufficient, helping avoid unfavorable fills.Flexible stop conditions: A maximum duration and/or total quantity can be set to control when the strategy ends.

The mechanism supports advanced traders and trading desks dealing with potentially market-moving trades. POV orders are driven by a participation rate, which defines the percentage of market volume or available order book depth that an order will execute against. The system continuously monitors market conditions and adjusts the size of each sub-order accordingly. When trading activity is low, execution slows down. When activity increases, execution speeds up to maintain the target participation rate.

Three Modes for Spot Trading

Traded Volume: Sizes sub-orders based on market trading volume.Opposite-Side Liquidity: Executes Taker limit orders based on opposing order-book depth.Same-Side Liquidity: Places Post-Only Maker orders at the best bid or ask.

The feature is now officially supported on Bybit Spot. To get started, traders can navigate to a supported Spot trading pair, select POV from the order-type menu, and configure the parameters.

Participation rate, order frequency, and stop conditions can be customized to match individual execution priorities. No additional strategy fees apply, and standard Spot trading fees remain applicable.

Terms and conditions apply. Users may read more about  POV Order before trading on Bybit Spot and POV Orders Now Live on Bybit Spot.

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com 
For updates, please follow: Bybit’s Communities and Social Media

Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/bybit-spot-now-supports-percentage-of-volume-pov-orders-giving-traders-better-flexibility-and-greater-control-302909975.html

Continue Reading

Technology

Argentum AI Founder and CEO Andrew Sobko Honored by Goldman Sachs for Entrepreneurship

Published

on

By

Sobko Among the Most Exceptional Entrepreneurs at the 2026 Builders and Innovators Summit

HEALDSBURG, Calif., Oct. 16, 2026 /PRNewswire/ — Goldman Sachs is recognizing Andrew Sobko, Founder and CEO of Argentum AI, as one of the Most Exceptional Entrepreneurs of 2026 at its Builders and Innovators Summit in Healdsburg, California.

Goldman Sachs selected Sobko from entrepreneurs across multiple industries for recognition at the two-day event. Under his leadership, Argentum AI is developing infrastructure designed to address one of the artificial intelligence industry’s most pressing challenges: securing the computing capacity, power, capital and data center infrastructure needed to support AI at scale.

“It is an incredible honor to be recognized by Goldman Sachs alongside some of the world’s most ambitious entrepreneurs,” said Andrew Sobko, Founder and CEO of Argentum AI. “We are building Argentum AI to redefine how the world accesses AI compute – making AI cloud infrastructure more scalable, flexible, and accessible to the companies shaping the future of artificial intelligence.”

“We are pleased to recognize Andrew Sobko as one of the most exceptional entrepreneurs of 2026,” said David Solomon, Chairman and CEO of Goldman Sachs. “As AI reshapes the global landscape, the leaders at Argentum AI are proving that agility and vision can be the ultimate competitive advantages. They are not simply building a great enterprise; they are redefining what is possible in their industry.”

In its 15th year, Goldman Sachs’ Builders and Innovators Summit brings together founders and CEOs of high-growth companies for discussions, educational sessions and networking with experienced entrepreneurs, academics and business leaders. The summit recognizes entrepreneurs whose leadership and innovation are helping shape the future of their industries.

About Argentum AI

Argentum AI is The Independent AI Cloud, providing enterprise-grade AI cloud infrastructure to hyperscalers, leading AI labs, and enterprises worldwide. Through its business model, Argentum combines power, data centers, GPUs, and capital to deliver AI compute at unprecedented scale and speed. Andrew Sobko, Founder and CEO of Argentum AI, is a serial entrepreneur recognized for building and scaling high-growth technology companies. He founded Argentum AI, The Independent AI Cloud, which has secured over $12 billion in contracted revenue and is rapidly expanding its global AI infrastructure footprint. The company delivers large-scale GPU compute.

For more information, visit argentum-ai.com.

About Goldman Sachs

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

Sam Amsterdam
Communications Counsel
Amsterdam Group Public Relations Inc.
Sam@AmsterdamGroup.net

“This release was issued through WebWire®. For more information, visit http://www.webwire.com.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/argentum-ai-founder-and-ceo-andrew-sobko-honored-by-goldman-sachs-for-entrepreneurship-302911307.html

SOURCE Argentum AI

Continue Reading

Technology

Opus 2 wins Company of the Year and Women Leaders in Tech at Legal Geek Awards

Published

on

By

Awards recognise company’s innovation and impact in addition to the outstanding individual leadership of Caroline Korteweg, Opus 2’s Director of AI & Market Development, Europe

LONDON, Oct. 16, 2026 /PRNewswire-PRWeb/ — Opus 2, a leading legal technology provider, won two Legal Geek Leaders in Tech Law Awards, underlining the company’s continued leadership in disputes technology as well as its latest AI innovations. Opus 2 won for Legal Tech Company of the Year, while Caroline Korteweg, Opus 2’s Director of AI & Market Development, Europe, won the Women Leaders in Tech award.

The Legal Geek Leaders in Tech Law Awards are a partnership between Legal Geek and Law.com and are an evolution of the former European Legal Innovation & Tech Law Awards. The winners were honored on 14 October in London, recognising firms, in-house teams, suppliers, and individuals who redefine what’s possible in legal services. Judging was conducted by editorial staff in addition to external panels consisting of leading individuals in select categories.

Built for the evolving needs of modern legal teams, Opus 2 combines deep legal expertise with secure, AI-enabled technology to help organisations manage complexity, strengthen collaboration, and deliver better outcomes. The company is the clear leader in disputes software, counting 96 percent of the Am Law 50 and 92 percent of the FT’s most innovative firms as clients.

The recognition follows Opus 2’s introduction of Opus 2 Ingenuity™, the company’s agentic AI framework. Ingenuity runs on the millions of insights generated in the Opus 2 platform, supplying its multiple layers of AI with a superior foundation for understanding, surfacing, creating, and acting on intelligence.

In addition, Opus 2 recently won Best SaaS Solution for Law and Legal Services in the SaaS Awards, the CODiE Award for Best Legal Solution, and three Gold American Business Awards® for Best Legal Company (Large), Best Legal Solution, and People’s Choice for Best Legal Solution. The company was also named a 2026 Best Place to Work, and a finalist in the Legalweek Leaders in Tech Law Awards and A.I. Awards.

About Opus 2

Founded in 2008, Opus 2 develops award-winning, AI-enabled software that solves the most pressing problems facing the practice of law. The company’s best-in-class solutions are essential to the commercial disputes ecosystem and trusted by the world’s most successful law firms for their critical matters. Those solutions are built on a flexible platform powered by its agentic AI framework, Opus 2 Ingenuity,™ that helps firms create intelligent legal solutions that win business, deepen client engagement, and simplify workflows firmwide. For more information, visit Opus2.com.

Media Contact

Chris Fickett, Opus 2, 1 9132257707 707, cfickett@opus2.com, https://www.opus2.com

View original content:https://www.prweb.com/releases/opus-2-wins-company-of-the-year-and-women-leaders-in-tech-at-legal-geek-awards-302910896.html

SOURCE Opus 2

Continue Reading

Technology

Benzinga Announces 2026 Benzinga Awards

Published

on

By

DETROIT, Oct. 16, 2026 /PRNewswire/ — Benzinga announced the Benzinga Awards 2026 today, a digital awards program recognizing leading companies, innovators and professionals across financial services and fintech.

The 2026 program, which is judged in collaboration with DALBAR, will highlight organizations helping shape the future of financial technology, investing and financial services across a range of award categories.

“We are honored to partner with Benzinga and contribute DALBAR‘s independent research, analytical rigor, and industry expertise to the evaluation process for these prestigious awards,” said Steve Worthy, Managing Director of DALBAR. “By helping assess nominees against objective standards of excellence, innovation, and client impact, we are proud to support the recognition of organizations and leaders who are setting the benchmark for achievement across the financial services industry.”

The digital awards program will culminate in an in-person celebration on November 19, 2026, at Ascent Lounge, 10 Columbus Circle, 4th Floor, New York, NY 10019. The event will bring together award winners, sponsors and industry leaders for an evening celebrating this year’s honorees.

“This is our 12th year running the Benzinga Awards, and the field has never been harder to judge,” said Andrew Lebbos, SVP of Licensing at Benzinga. “A dozen years ago most of these companies didn’t exist. We are bringing everyone into one room in Manhattan for a night to recognize the people building the future of finance!”

Interested applicants can apply here: https://www.benzinga.com/fintech-awards#apply

The awards submission portal is open until October 23, 2026, 11:59 PM Eastern. Costs to apply are $250.00 per single award, or $500.00 for unlimited award submissions per company.

“Benzinga started as a newsroom, and over twelve years we have become something closer to infrastructure. The same real-time news, analyst ratings and corporate event data that millions of retail investors read on our site now flows through our APIs into brokerages, trading platforms and AI systems across the industry,” said Dave Maher, CEO and CTO of Benzinga. “These awards matter to us because we work alongside many of the honorees every day. Recognizing the companies that are rebuilding how people access and act on financial information is a natural extension of what Benzinga does.”

Winners will be announced ahead of the November celebration.

To apply to the Benzinga Awards 2026 program, click here.

For more information about the event or sponsorship opportunities, please visit https://www.benzinga.com/fintech-awards.

About Benzinga

Benzinga is a leading financial media and data technology company that empowers investors with high-quality, real-time market intelligence. Through its news platform, APIs, and data products, Benzinga provides traders, financial institutions, and fintech platforms with the insights they need to make smarter investment decisions. From breaking news and analyst ratings to corporate events and alternative datasets, Benzinga’s tools help market participants stay ahead of the information that drives price movement.

To learn more, visit www.benzinga.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/benzinga-announces-2026-benzinga-awards-302911394.html

SOURCE Benzinga

Continue Reading

Trending