Zero Hash Adds Support for Derivatives Settlements

Zero Hash, the crypto-focused affiliate of Seed CX, has launched support for derivatives, allowing participants to settle bilateral derivative transactions, the company announced on Wednesday.

With this, the platform now supports all back-office settlement functions for forwards. The company also has plans to expand the functionality for options as well, the announcement detailed.

Commenting on the development, Brian Liston, co-founder of Seed CX and president at Zero Hash, said: “Derivatives are a rapidly evolving area within the digital asset industry, yet there is a critical demand in the market for a regulated post-trade settlement utility, like Zero Hash.”

The company also added flexibility to the new offering as institutional traders will be able to customize the frequency of their forward contracts.

“We’re excited to service that demand with the launch of this new functionality. Zero Hash can now enable any Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term or set of participants to trade and settle forwards in an efficient and secure manner,” Liston added.

Coping up with the increasing demand for crypto derivatives

The firm elaborated that it performs collateral management for derivatives throughout their lifecycle including the calculation of variation margin, initial margin and final settlement values, the sending of margin-call notifications, and the movement of funds to reduce operational and counterparty risk.

Zero Hash offers crypto and fiat custody services, along with on-chain settlement services. In July, the company gained a BitLicense from the New York Department of Financial Services (NYDFS), with which it can legally operate a virtual currency exchange in the state of New York.

Meanwhile, in August, another subsidiary of Seed CX, Seed SEF, started user acceptance testing of its physically-settled bitcoin derivatives. The company is planning to list the 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 swap on Seed SEF with both margined and physically-settled offerings.