Caspian Seen as facilitating OTC Growth
Caspian, the full-stack crypto trading and risk management platform for institutional investors and sophisticated traders, has stated that it is in a unique position to facilitate even more growth within the Over The Counter (OTC) market for Bitcoin trading with its trading technology platform, that provides streaming prices and RFQ framework for such trades.
Caspian, the full-stack crypto trading and risk management platform for institutional investors and sophisticated traders, has stated that it is in a unique position to facilitate even more growth within the Over The Counter (OTC) market for Bitcoin trading with its trading technology platform, that provides streaming prices and RFQ framework for such trades.
While the exact amounts for OTC trading are difficult to calculate, most commentators now accept that this market outstrips the exchange market, which CoinCap.io estimates to be around $11 billion in daily trading volume.
“Institutional investors, who want to increase their cryptocurrency exposure and trade BTC in ticket sizes equivalent to $100,000 and above, are increasingly relying on the OTC market to facilitate this activity. As a technology platform that has years of experience dealing with these investor needs, Caspian is uniquely placed to assist these users because of the unique features that our solution offers,” said Robert Dykes, CEO of Caspian.
The Caspian features that OTC trading investors can benefit from include live prices, streaming prices and the RFQ framework that is being built into the platform. In addition to these features, recent partnerships are another reason why institutional investors utilising OTC markets are well served by Caspian. The crypto trading platform recently partnered with OSL and B2C2, to enable users to trade with these liquidity providers as they would an exchange.
