April 6, 2023 – Victoria, Seychelles
On-demand institutional liquidity network offers futures spreads, options strategies and spot OTC. Rapid growth underpins OKX’s emphasis on product development specifically for institutional clients.
OKX, the second-largest crypto exchange by trading volume and a leading Web 3.0 technology company, today announced that its Liquid Marketplace, an on-demand liquidity network tailored for institutional traders, exceeded $1 billion in trading volume in 2023.
The on-demand OKX Liquid Marketplace provides access to deep institutional liquidity and provides access to a number of crypto trading strategies, including futures spreads, large options block trades or spot OTC, to run at scale.
One-click atomic execution of both legs allows traders to easily execute efficient and low-risk spread trading to farm funding rates, generate yield via cash-and-carry trades and roll expiring futures hedges.
Lennix Lai, managing director of Global Institutional at OKX, said,
“Institutional clients demand liquidity, superior fee structures and streamlined execution of advanced trading strategies. We’ve designed our Liquid Marketplace to hit this sweet spot, and the market is responding.
“Our aim is to become the go-to venue for institutional traders by listening to their needs and leveraging our technical expertise, creativity and product design to build the best platform for their needs.”
OKX Liquid Marketplace overhauls the traditional RFQ process by automating workflows, offering an integrated position builder and enabling anonymous RFQs with two-way quotes.
Users can construct custom multi-leg strategies and request quotes on futures spreads and basis trades with the click of a button.
The platform also offers leading security underpinned by end-to-end connectivity with OKX’s risk management and settlement system.
The growth of the OKX Liquid Marketplace has occurred against the backdrop of OKX’s global expansion, which has seen it reach 50 million global users.
Find out more about OKX Liquid Marketplace here.
About OKX
OKX is the second-biggest global crypto exchange by trading volume and a leading Web 3.0 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian…
Click Here to Read the Full Original Article at The Daily Hodl…
