Liquid Mercury Companions with GFO-X to Present RFQ Platform for Buying and selling Crypto Derivatives

Chicago, United States, April seventeenth, 2024, Chainwire

Liquid Mercury, a number one crypto buying and selling expertise supplier, introduced as we speak that it’s offering a request for quote (RFQ) platform to GFO-X, the UK’s first regulated and centrally cleared buying and selling venue devoted to digital belongings derivatives. Institutional merchants will be capable of supply deep liquidity for buying and selling listed choices and futures contracts in giant commerce sizes that may be transacted as single-leg or complicated, multi-leg methods.

Liquid Mercury’s institutional-grade platform mixed with GFO-X’s regulated derivatives market supplies a safe and environment friendly buying and selling atmosphere for institutional buying and selling companies {and professional} buyers. This expertise permits market members to handle digital asset publicity and hedge underlying portfolio dangers.

Liquidity suppliers can present two-sided quotes in response to RFQs generated by hedge funds, asset managers, and different buy-side members initiated from Liquid Mercury’s professional-grade buying and selling interface or FIX and net socket APIs. Trades will print on GFO-X’s trade and be cleared by a GFO-X basic clearing member at LCH SA, LCH Group’s continental Europe clearing home and a part of the most important and most subtle clearing providers in monetary markets. Brokers will even use Liquid Mercury’s platform to intermediate trades between consumers and sellers with a purpose to cross-block trades on GFO-X’s trade and conduct different sell-side buying and selling workflows.

“Trying on the fairness derivatives market, the place the expansion in variety of choices exchanges has fueled the expansion in buying and selling members, added extra liquidity out there, and pushed file volumes of contracts traded, I see GFO-X’s entrance into crypto derivatives as a key growth for a extra vibrant trade panorama. This can be a prime alternative to develop your entire crypto choices market,” stated Liquid Mercury CEO, Tony Saliba. “Along with offering the expertise answer that can energy GFO-X’s block liquidity community, Liquid Mercury can be working as a strategic associate, introducing our purchasers and broad community of conventional market gamers as new members to GFO-X’s trade.”

“We selected Liquid Mercury as a associate as a result of group’s pedigree in constructing profitable technology-focused franchises in conventional markets, mixed with a observe file of delivering institutional-grade options to the skilled crypto buying and selling group,” stated GFO-X CEO, Arnab Sen. “Our shared imaginative and prescient of a regulated derivatives market that’s purpose-built for digital belongings utilizing the perfect market requirements and expertise from conventional finance underpins what we anticipate to be an extended and really fruitful strategic partnership.”

For extra details about Liquid Mercury’s suite of crypto buying and selling expertise options, customers can go to www.liquidmercury.com.

About Liquid Mercury

Liquid Mercury powers skilled crypto buying and selling. Liquid Mercury is the #1 selection for classy buy-side and institutional sell-side legacy buying and selling professionals transferring into crypto. Institutional grade infrastructure, entry to deep liquidity, and best-in-class buying and selling instruments and workflow automation; Liquid Mercury was constructed by professionals for professionals. For extra details about Liquid Mercury, go to www.liquidmercury.com.

About GFO-X

World Futures and Choices Ltd (GFO-X) is the UK’s first regulated and centrally cleared buying and selling venue devoted to digital asset derivatives. UK FCA authorised and controlled, GFO-X is related to the world’s largest monetary establishments and has partnered with main clearing home LCH SA, fixing for counterparty and credit score threat.

GFO-X providers the numerous unmet want of huge international institutional members who require a extremely regulated, institutional-grade buying and selling venue for digital asset derivatives.

GFO-X’s mission is to ship enhanced liquidity, institutional connectivity and threat mitigation by high-performance expertise and optimized contract specs.

Additional data could be discovered at www.gfo-x.com

ContactChief Business OfficerRyan HansenLiquid Mercurygroup@liquidmercury.com

This text was initially revealed on Chainwire