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.

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