Victoria, Seychelles, April sixth, 2023, Chainwire
- On-demand institutional liquidity community gives futures spreads, choices methods and spot OTC
- Fast development underpins OKX’s emphasis on product improvement particularly for institutional shoppers
OKX, the second-largest crypto alternate by buying and selling quantity and a number one Web3 expertise firm, immediately introduced that its Liquid Market, an on-demand liquidity community tailor-made for institutional merchants, exceeded USD1 billion in buying and selling quantity in 2023.
The on-demand OKX Liquid Market gives entry to deep institutional liquidity and gives entry to numerous crypto buying and selling methods, together with futures spreads, giant choices block trades or spot OTC, to run at scale. One-click atomic execution of each legs permits merchants to simply execute environment friendly and low-risk unfold buying and selling to farm funding charges, generate yield by way of cash-and-carry trades, and roll expiring futures hedges.
Lennix Lai, Managing Director of International Institutional at OKX, stated: “Institutional shoppers demand liquidity, superior payment buildings, and streamlined execution of superior buying and selling methods. We’ve designed our Liquid Market to hit this candy spot, and the market is responding. Our goal is to grow to be the go-to venue for institutional merchants by listening to their wants and leveraging our technical experience, creativity and product design to construct the perfect platform for his or her wants.”
OKX Liquid Market overhauls the standard RFQ course of by automating workflows, providing an built-in place builder and enabling nameless RFQs with two-way quotes. Customers can assemble customized multi-leg methods and request quotes on futures spreads and foundation trades with the clicking of a button. The platform additionally gives main safety underpinned by end-to-end connectivity with OKX’s danger administration and settlement system.
The expansion of the OKX Liquid Market has occurred in opposition to the backdrop of OKX’s world growth, which has seen it attain 50 million world customers.
Discover out extra about OKX Liquid Market right here.
About OKX
OKX is the second largest world crypto alternate by buying and selling quantity and a number one web3 ecosystem. Trusted by greater than 50 million world customers, OKX is thought for being the quickest and most dependable crypto buying and selling app for traders {and professional} merchants in all places.
As a high accomplice of English Premier League champions Manchester Metropolis FC, McLaren System 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX goals to supercharge the fan expertise with new engagement alternatives. OKX can also be the highest accomplice of the Tribeca Pageant as a part of an initiative to deliver extra creators into web3.
Past OKX’s alternate, the OKX Pockets is the platform’s newest providing for folks seeking to discover the world of NFTs and the metaverse whereas buying and selling GameFi and DeFi tokens.
To study extra about OKX, obtain our app or go to: okx.com
Disclaimer
This announcement is offered for informational functions solely. It’s not supposed to offer any funding, tax, or authorized recommendation, nor ought to it’s thought of a suggestion to buy, promote, or maintain digital belongings. Digital belongings, together with stablecoins, contain a excessive diploma of danger, can fluctuate vastly, and may even grow to be nugatory. You need to rigorously think about whether or not buying and selling or holding digital belongings is appropriate for you in mild of your monetary situation. Please seek the advice of your authorized/tax/funding skilled for questions on your particular circumstances.
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