Integration will provide FalconX access to competitive pricing and liquidity from TP ICAP’s wholesale clients, alongside helping to bridge together the native crypto asset ecosystem and traditional financial markets.
New indices will also serve as benchmarks for digital asset trading venue, AsiaNext, which was founded by SIX and SBI Digital Asset Holdings.
Market participants have until 29 April to provide comments; ESMA will publish its final report in Q4 2024.
Platform has also revealed plans to expand its product suite to include physically delivered products, subject to regulatory approval.
Individual has previously worked at: Standard Chartered Bank, Allston Trading and Crédit Agricole.
Participants across TP ICAP, CoinShares, and 4OTC make their predictions for the digital assets landscape next year as institutional interest continues to simmer.
The interbank crypto trading venue, RULEMATCH, has launched BTC and ETH spot trading against USD for its participants.
New offering will allow mutual clients to holistically manage digital assets within SimCorp’s front-to-back investment management platform.
Investment will assist with the forthcoming launch of FCA-authorised digital asset derivatives venue, GFO-X, alongside supporting the growth of regulated digital assets.
Move comes as part of the firms’ commitment to adapt to technological developments to benefit their client base.