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Cryptocurrency Derivatives Series: Caspian’s integration with Derbits for Crypto F&O trading

There has been an announcement about the integration of Deribit with Caspian to offer futures and options (F&O) trading services for crypto-assets on Derbit’s platform.

Well, Caspian is actually in the picture, especially for its institutional grade digital asset portfolio management services. 

Caspian raised about $19.5 million in a token sale and they listed the Caspian token for public trading on KuCoin in the recent past.

In addition to this collaboration, they also ventured with B2C2 to assist clients with over-the-counter (OTC) liquidity services before their launch of ICO.

While their target audience is the high-volume clients with end-to-end trade services like order and execution management system (OEMS), portfolio management system (PMS), and risk management system (RMS).

The CEO of Deribit, John Jansen, clarifies the news in its blog space, “Caspian’s comprehensive trading and portfolio management platform provide institutional investors with the market-leading gateway to the crypto markets.” “We’re thrilled to be working with the team at Caspian,” he appended.

Derbit, which is based at Amsterdam originally, are in the business of Bitcoin F&O trading since 2016. They say that the company has scope in the ecosystem with more than 30 crypto exchanges and liquidity providers upon this development.

The CEO of Caspian, Robert Dykes, also shed some light on about news stating that “we are excited to be working with Deribit to make the trading of crypto options and futures possible within the institutional community. Our goal at Caspian is to provide crypto traders and investors the same standard of tools and service that exist in the traditional markets and it’s great knowing that the team at Deribit is working towards the same high standards.”

In the recent past, we already reported that the Chicago Board Options Exchange (CBOE), who pioneered Bitcoin futures contracts, took a break from BTC futures for March series in order to evaluate and reassess the performances so far.

We’ve been reiterating that cryptocurrency derivatives, including cryptocurrency futures, cryptocurrency CFDs, cryptocurrency options and ETFs) are making a buzz, they have been under the meticulous scrutiny of the renowned global regulators, such as the US SEC, CFTC and UK’s Financial Conduct Authority (FCA). 

Of late, the cryptocurrency exchange-traded funds (ETFs) are branded as the trump card by many aspirants of the crypto-avenue who carry a great deal of optimism that exchange-traded funds likely to stimulate cryptocurrencies with more authenticity in retail and institutional investors’ perspectives while providing them with timely accessibility for those who already have a brokerage account.

Most importantly, we reckon that the considerable stimulant for crypto-space, at this juncture, would be the launch of ICE’s Bakkt's bitcoin derivatives trading platform which was actually scheduled at the end of January, it has been deferred indefinitely with no further clarities on regulatory grounds. Well, whatsoever be the case, new derivatives segment for the crypto-space would certainly be the ray of hope for the aspirants in the digital asset segment.

Currency Strength Index: FxWirePro's hourly BTC spot index turns -109 (which is bearish), while the hourly USD spot index was at 62 (bullish) at 10:22 GMT. 

For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex

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2019-06-24 18:35:21
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2019-06-24 17:58:11
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