BGC Partners arranges Asia’s first intermediated block trade of CME Group Bitcoin options
The move follows BGC’s arrangement of the first ever block trade of Micro Bitcoin options offered by CME Group earlier this year.
The move follows BGC’s arrangement of the first ever block trade of Micro Bitcoin options offered by CME Group earlier this year.
The new legislation looks to create rules to ensure transfers of crypto-assets will be traced and identified to prevent money laundering, terrorist financing, and other crimes.
The move will allow institutional clients to gain improved efficiencies and to trade cryptocurrencies in a safe, regulated way.
Kaiko will provide the German bourse with tick-level trade data from all centralised (CeFi) and decentralised (DeFi) cryptocurrency exchanges.
The move follows the bank’s first trade of over-the-counter Bitcoin options nearly 16 months ago.
New offering will provide increased margin efficiencies and solve market access issues for institutions and professional traders.
Bloomberg, OSL Digital Securities and Paxos are among the institutions responding to increased interest in digital assets.
First phase of the agreement will provide TT clients with access to an additional 14 cryptocurrency markets in the third quarter of this year.
SS&C Eze will provide clients with improved broker-agnostic access to institutional liquidity across the market.
The bank traded its first intraday repo on the platform last week, becoming the first European bank to join the network.