Tagged: over-the-counter

Digital Asset Firm Gemini Introduces Electronic OTC Solution

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

Finastra Onboards Fragmos Chain’s Blockchain Platform for Digitalization of OTC Derivatives Post-Trade

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

Berlin’s Swarm Markets to Offer Decentralized OTC Trading for Institutional Clients

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

OSTTRA’s TriOptima Announces triBalance Credit Optimization Rebalancing Initiative to Lower Risk in Central Counterparties

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

ION Markets Acquires Clarus Financial Technology, an SaaS Analytics, Data Provider for Derivatives

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

Cass Sanford from OTC Markets Comments on SEC Amendments that May Eliminate Public Quoting in Securities that Don’t Make Current Info Publicly Available

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

Philippines based Moneybees, an OTC Cryptocurrency Service, Launches New Outlets to Support Local Bitcoin, Ethereum Transactions

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

Digital Asset Exchange Bitfinex Launches Over-the-Counter Paper Trading

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

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