Crypto Updates

Decentralized OTC Desks Are Not Just for Crypto

Decentralized OTC Desks Are Not Just for Crypto

Sofian Berrahal, CEO of Nexdesk

Over-The-Counter (OTC) trading (also known as off-exchange trading or dealer trading) has been spreading beyond its core markets recently. Trading has expanded beyond derivatives into traditional assets such as stocks, bonds, real estate or even art and collectibles. Now the OTC trade is taking another new direction as the emergence of decentralized OTC Desks breathes new life into the sector and opens up new opportunities as well as challenges.

OTC trading

Conventional OTC trading is a way of trading securities or other financial instruments such as derivatives, as well as foreign exchange, commodities and cryptocurrencies, without being listed on a formal exchange or supervised by an exchange regulator. 

It is mediated through a network of dealers or brokers who act as market makers and announce the prices for buying and selling. The buyer and seller negotiate the price and terms of the transaction directly with each other rather than through a public order book or an electronic trading platform….

Click Here to Read the Full Original Article at Cryptocurrencies Feed…