London & Tokyo & Jersey City, NJ–(business wire)–B2C2the world’s largest crypto liquidity provider and pioneer in institutional digital assets, has announced the launch of electronic options trading for the over-the-counter (OTC) crypto market. B2C2 offers “voice over chat” OTC options trading from October 2021.
B2C2 currently offers electronic OTC options via its Single Dealer Platform. Options Chain offers a powerful visual interface that enables “point and click” electronic trading of OTC crypto options for the first time. This feature transforms OTC options trading by allowing traders to choose how to execute off-exchange trades.
In addition, the B2C2 options chain offers streaming prices to options traders, providing for the first time a comprehensive view of live OTC prices for all strikes in one place. Traders no longer need to request individual prices, they can see the whole at a glance, changing execution.
The new Options OTC feature is fully integrated into B2C2’s crypto-native spot, CFD, and loan trading platform. Optional post-trade reporting is already live in Trade Blotter and Aggregated Positions, along with automation for B2C2 institution-level ISDA Margin functionality. New features will be added incrementally over the coming months, including option calculators with request for quotation (RFQ) capabilities for complex derivative structures. As with B2C2’s other OTC products, all features are available on his B2C2 portal as well as the API.
Following the market downturn, the crypto derivatives market will grow to $3.12 trillion on exchanges in July 2022, a 13% monthly increase and more than 60% of total cryptocurrency volume, according to CryptoCompare. increase. Similar to other asset classes such as FX, OTC trading volume is expected to reach multiples of ‘exchange’ trading.
OTC markets have many features that are not available on exchanges. These include:
A flexible contract that can be tailored to the client’s specific needs and strategies.
A bilateral counterparty relationship built on trust and with the ability to extend credit.
Technology, operational, and risk management best practices designed for institutional needs and standards.
“Providing our clients with the ability to trade OTC options electronically reflects a significant increase in institutional demand for derivatives over the past 12 months. Johannes Woolard, Head of Options, B2C2“Clients are demanding a more comprehensive set of tools to make accessing, hedging and trading crypto easier and easier. Financial institutions need the reliable and resilient trading infrastructure they need. They rely on us as an established, innovative crypto-native liquidity provider with structure.”
Dominic Lohberger, Head of Trading, Sygnum Bank“B2C2 is taking institutional crypto derivatives trading to the next level. We are proud, together we are paving the way for the future of electronic cryptocurrency trading.”
B2C2 is a leading institutional cryptocurrency liquidity provider and has been at the forefront of global market development since its founding in 2015. The company last year launched a pioneering bilateral crypto non-deliverable forward (NDF), opening up access to banks. Joined in 2022 ISDA was the first crypto trading company to join FIA.
More than just a liquidity provider B2C2 Pioneer of digital assets building the ecosystem of the future.
The company has unlocked institutional access to crypto by providing reliable liquidity across market conditions. B2C2’s success is based on Cryptohis native technology and continuous product innovation, making it the partner of choice for various institutions around the world.
Founded in 2015 and majority owned by a Japanese financial group, SBIB2C2 Ltd is headquartered in the UK with offices in the US and Japan.
B2C2 Ltd is registered in England and Wales under company number 07995888 and has its registered office at 86-90 Paul Street, London, EC2A 4NE. B2C2 Ltd is the parent company of the B2C2 group of companies. The Products may be offered by various members of the B2C2 Group of Companies, depending on the jurisdiction of the client and the regulatory status of the Products and/or B2C2 Group Members.
B2C2 is a registered trademark.