Tagged: over-the-counter

March 3, 2023 @ 10:47 am By Omar Faridi  |  

Kraken is pleased to announce that Kraken’s OTC Portal is now integrated within Kraken Pro. This integration “allows OTC clients to access the features and functionality they know and love from our OTC Desk via a fully automated, self-service UI.” You may access the OTC… Read More

January 27, 2023 @ 9:17 am By Omar Faridi  |  

Digital asset firm Gemini is pleased to announce the launch of electronic over-the-counter trading (eOTC), which is described as “a fully-automated crypto trading solution tailored to institutional counterparties worldwide, which will be offered through an affiliate of Gemini Trust Company, LLC (GTC).” Gemini eOTC offers… Read More

November 23, 2022 @ 3:11 pm By Omar Faridi  |  

Finastra announced a collaboration with Fragmos Chain, a blockchain platform which digitalizes interactions between financial institutions, “to provide Finastra customers with out-of-the-box integration with Finastra Summit, its over-the-counter (OTC) derivatives market solution.” The API-first integration, via FusionFabric.cloud, “enables banks globally to digitalize their OTC derivatives… Read More

December 22, 2021 @ 9:00 am By Omar Faridi  |  

Berlin-headquartered Swarm Markets GmbH, which claims to be the first regulated “decentralized” financial infrastructure provider, announced that it will launch a peer-to-peer contract for “high value transactions in Q1 2022.” The so-called dOTC service “empowers institutions and professional investors to use the first regulated crypto… Read More

November 18, 2021 @ 11:39 am By Omar Faridi  |  

OSTTRA’s TriOptima, an infrastructure service that aims to reduce costs and mitigates risk in OTC derivatives markets, has announced a triBalance credit optimization rebalancing initiative that “reduces risk in multiple central counterparties (CCPs), including LCH CDSClear and ICE Clear concurrently.” As mentioned in the announcement,… Read More

September 11, 2021 @ 9:43 am By Omar Faridi  |  

ION’s XTP offering will be expanded with real-time margin and risk management and monitoring services for cleared and uncleared OTC derivatives. ION Markets, an international provider of analytics, trading, and risk management solutions for capital markets, has confirmed its acquisition of Clarus Financial Technology, a… Read More

April 3, 2021 @ 7:41 pm By Omar Faridi  |  

Cass Sanford, an Associate General Counsel who supports regulatory and policy-making initiatives at OTC Markets Group, notes that the US Securities and Exchange Commission’s (SEC) amendments to Rule 15c2-11 may eliminate public quoting in securities of issuers that don’t make current information “publicly available.” Sanford,… Read More

February 25, 2021 @ 8:28 pm By Omar Faridi  |  

Moneybees, which claims to be the very first over-the-counter (OTC) cryptocurrency service in the Philippines, has announced that it’s launching three new outlets this month. The outlets are being opened to accommodate the growing demand for OTC transactions among Filipino cryptocurrency traders and investors, according… Read More

July 6, 2020 @ 9:20 am By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Friday it is now offering over-the-counter (OTC) paper trading on its platform. According to Bitfinex, paper trading is a new feature that is available on sub-accounts and enables users to test strategies and trade Bitcoin in a simulated market… Read More