5.9 C
New York
January 20, 2022
Crypto News

TP ICAP Digital Assets completes first bitcoin (BTC) ETP trade » CryptoNinjas

TP ICAP, a supplier of market infrastructure, introduced right this moment a serious milestone in its Digital Assets enterprise with the first trades accomplished on crypto-asset fairness devices with Goldman Sachs.

The firm’s Digital Assets enterprise traded the ETC Group Physical Bitcoin on an outright foundation and in opposition to the CME Bitcoin Future within the type of an EFP (Exchange for Physical). Leading Crypto Exchange-Traded Products (ETP) market makers DRW, Flow Traders, and Jane Street offered liquidity.

TP ICAP is actively offering liquidity to its purchasers throughout the CME Bitcoin and Ether Futures and Bitcoin Options and is increasing its product providing alongside companions resembling Goldman Sachs.

There has been a significant improve in CME Bitcoin Futures volumes following the latest approvals of the first US Bitcoin Futures-based ETFs. TP ICAP expects to see continued curiosity throughout crypto asset-based futures and choices merchandise and an interbank NDF (Non-deliverable ahead) market develop on Bitcoin, and probably Ether, all through the course of 2022.

Source:
tpicap.com/digitalassets/

Related posts

Revolut Launches Banking Services in Spain Featuring Deposit Insurance – Fintech Bitcoin News

Crypto Advisor

To Ban Or Not To Ban? Russia Concerned About Growing Crypto Transanctions

Crypto Advisor

Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value – Economics Bitcoin News

Crypto Advisor

Leave a Comment