Crypto exchange Gemini launches new electronic OTC trading solution

Gemini, the popular bitcoin & crypto exchange company, today announced the launch of electronic over-the-counter trading (eOTC), an automated crypto trading solution designed for institutions.

The Gemini eOTC solution offers a variety of advantages to institutional traders including:

  • Competitive Pricing & Execution: Liquidity is sourced from top-tier liquidity providers with deep liquidity pools, enabling counterparties to place large orders for immediate execution at optimal pricing, while incurring minimal transaction costs. Note, the minimum trade size is a $1,000 notional value per order.
  • Intuitive Interface: eOTC users can customize their Gemini eOTC interface to get real-time visibility into changing prices for the assets they are interested in trading and tracking.
  • Delayed Settlement: Gemini eOTC is natively integrated with Gemini Settlement. All trade obligations can settle at a predetermined time through a single settlement ticket. Through the intra-day delayed net settlement, counterparties can increase capital efficiency and avoid missed opportunities that can result from pre-funding requirements.
  • Regulated: GTC is a full-reserve exchange and qualified custodian under New York law. GTC is licensed by the New York State Department of Financial Services (NYDFS) and is SOC 2 Type II compliant.

“We developed this product for institutional investors, with experienced traders playing an integral role in the design of the product. Gemini eOTC builds on Gemini’s existing custody, settlement, and OTC trading capabilities that have been tailored to the needs of institutional traders. The product is SOC2 Type 2 compliant, providing counterparties with the high level of trust, security, and compliance they have come to expect from Gemini.”
– The Gemini Team

Currently, Gemini eOTC is available in 70 jurisdictions including the U.S. (available in all states excluding New York State residents), the UK, Ireland, and Singapore.

For more information on Gemini eOTC, check out the FAQ.

Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
Ira Kleiman attorneys beg court for new trial thumbnail

Ira Kleiman attorneys beg court for new trial

Ira Kleiman and his attorneys have filed a motion for a new trial in their case against Dr. Craig Wright following their multi-billion dollar defeat back in December. In the filing, Ira’s attorneys complain that the defendants violated an earlier court order during the trial which prohibited them from introducing evidence as to the relationship…
Read More

Using QR Codes In Marketing

www.contractormag.com is using a security service for protection against online attacks. This process is automatic. You will be redirected once the validation is complete. Reference ID IP Address Date and Time 103040c5d600f5cf70696959bf8c50a1 217.21.81.33 03/11/2023 09:08 PM UTC Protected by StackPath
Read More
Dubai approves crypto salaries in landmark court ruling thumbnail

Dubai approves crypto salaries in landmark court ruling

Dubai approves crypto salaries in landmark court ruling Assad Jafri · 3 weeks ago · 2 min read The decision contrasts sharply with a similar case in 2023, in which the same court dismissed a claim involving EcoWatt tokens. 2 min readUpdated: Aug. 17, 2024 at 12:27 am UTC Cover art/illustration via CryptoSlate. Image includes
Read More
Non-farm employment in the USA is below expectations! thumbnail

Non-farm employment in the USA is below expectations!

ABD'de aralık ayına ilişkin tarım dışı istihdam verisi piyasa beklentisinin altında kalırken; işsizlik verisi ise geriledi. ABD'de aralık ayına ilişkin tarım dışı istihdam ve işsizlik verileri açıklandı. Omicron varyantının istihdam piyasasında etkisini henüz hissettirmemesine rağmen tarım dışı istihdam verisi beklentilerin altında kaldı. Tarım dışı istihdam verisi, 400 bin beklenirken, 199 bin olarak gerçekleşti. İşsizlik oranı…
Read More
Metaverse: Move Digital Says, “We’re Here to Stay” thumbnail

Metaverse: Move Digital Says, “We’re Here to Stay”

The metaverse is the next stage in the evolution of the internet and social networks, utilizing real-time 3D technology, which combines the physical and digital realms. It offers a chance for top online entertainment and social media businesses to profit from new revenue streams. It is the next major technology platform, drawing online game producers,…
Read More
Index Of News
Total
0
Share