Successful Launch of Spot Trading for Institutional Investors

in #cryptocurrency6 years ago

maxresdefault (1).jpg

USA based crypto exchange Seed CX has launched spot trading for institutional investors. according to an official press release published on Wednesday, Jan. 23.Additionally, the company announced it will offer a market for digital asset derivatives regulated by the United States Commodities and Futures Trading Commission (CFTC).

Institutional investors who have may have held back from trading digital assets due to concerns about regulatory oversight, technical reliability and conflicts of interest can now move forward with confidence, with today’s announcement that spot trading is now live on Seed CX. Seed CX, which began onboarding trading firms late last year, has developed a deep book of liquidity providing for best execution and minimal slippage.

Through its subsidiaries, Seed CX offers a licensed exchange for institutional trading and settlement of spot digital asset products, and plans to offer a market for CFTC-regulated digital asset derivatives.

“There is no shortage of digital asset spot trading markets, but none have our vision for creating an institutional-grade experience across technology, operations and compliance,” said Edward Woodford, co-founder and CEO of Seed CX. “We are getting very positive feedback from recently onboarded customers, and we are quickly onboarding more investors and trading firms from around the world.”

Seed CX has opened trading on BTC/USD, and ETH/USD, LTC/USD and BCH/USD pairs will start trading later this month.

Sort:  

Source
Plagiarism is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam.

Spam is discouraged by the community, and may result in action from the cheetah bot.

More information and tips on sharing content.

If you believe this comment is in error, please contact us in #disputes on Discord