MARKTS Adds Crypto Options Offerings with Deribit Partnership

MARKTS, the crypto order and execution management system (OEMS) subsidiary of TradeScreen, has announced on Wednesday its partnership with Deribit to offer digital asset options contracts to the institutional traders.

“Our collaboration with Deribit meets rising client demand to trade crypto options. As a multi-asset platform, it is pivotal that we continue to aggregate high-end connectivity for our clients,” Alex Carteau, Head of MARKTS at TradingScreen, said.

MARKTS will directly connect Deribit with its OEMS platform which, according to the press release, will not only allow the institutions to trade crypto options but also manage the volatile market risks.

Growing demand for crypto derivatives

The company also detailed that the Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term in the cryptocurrency market post-halving has driven many institutional hedge funds and asset managers in the new asset-class market.

“As the crypto market continues to mature, we will continue to stay one step ahead by ensuring institutional investors can trade digital assets reliably and effectively,” Carteau continued.

Meanwhile, the demand for crypto derivatives continued to grow. CME Group recently saw a major uptick in the demand for its offerings of both Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term futures and options contracts. CME Bitcoin options even captured 20 percent of the total market hare recently.

Deribit, however, remains at the helm of the crypto options market with 80 percent of the total market share.

“The new integration with TradingScreen is one less hurdle for institutional investors who want to enter the crypto derivatives market. We are very happy to see that the vast TS institutional buy-side client base is now able to trade on Deribit using their trusted OEMS in an uncomplicated manner,” John Jansen, CEO at Deribit, added.

In April, MARKTS enhanced its cryptocurrency offerings by integrating Seed Digital Commodities Market’s (SCXM) solutions.