Falconx announced the launch of its electronic options platform on Monday, which is scheduled to provide up to the clock throughout the week to the encryption options that are not issued by Basra (OTC).
This step aims to simplify the trading of derivatives for institutions, as it combines the flexibility designed for OTC markets, the speed of electronic implementation and the ability to expand. Historically, encryption options markets have been divided, with limited liquidity and inconsistent access, which represents challenges to hedge boxes, technology platforms, and market makers.
The Falconx platform allows continuous implementation through both the user interface and the application programming interface, supported by the company’s reserve liquidity and the infrastructure of the institution. The launch reaches the growth of institutional demand on options, driven by hedge strategies, fluctuation, pleading, and exposure associated with the category of encrypted investment funds.
According to Falconx Global Head of Markets Josh LIM, the offer deals with long barriers by bringing OTC trading on an electronic system that was designed after the workflow for the requests used in traditional financial markets. Lim said: “With the electronic options Falconx, customers get the same quality of implementation that the OTC office is now known in coordination of a designer for size, distribution and real access around the clock throughout the week.”
At launch, options are available on Bitcoin (BTC), ETHER (ETH), Solana (Sol) and Hype (HYPE), with the expectation of more assets.
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