B2C2, one of the biggest liquidity providers for the cryptocurrency markets, is adding a new feature to its over-the-counter (OTC) trading platform. It has announced that clients can now trade crypto options electronically via its platform, a notable improvement over the “voice via chat” options trading method it began offering a year ago.
B2C2, a subsidiary of Japanese financial firm SBI, offers a portal for institutional crypto investors to trade over the counter. The platform’s users can now trade crypto options over the counter from a visual interface.
This new feature gives B2C2’s clients a seamless way to execute off-exchange options trades– they can see a comprehensive view of live OTC prices for all options in one place and execute the trade for their preferred option at the click of a button.
The options trading feature adds to B2C2’s previous functionalities, which include over-the-counter trading of digital tokens, structured loans, and contracts for differences (CFDs).
“Providing our clients with the ability to trade OTC options electronically reflects significant growth in institutional demand for derivatives over the past 12 months,” said Johannes Woolard, Head of Options at B2C2.
“Clients are looking for a more comprehensive set of tools to access, hedge and trade crypto simply and easily. Institutions turn to us as a well-established and innovative crypto-native liquidity provider with the reliable and resilient trading infrastructure they require.”
Options trading accounts for a great deal of total trading volume on the crypto markets. Amid the 2022 crypto market slump, institutional investors have increasingly turned toward options to hedge their bets. Thus, it seems that B2C2 is adding the new feature for its institutional clients at a perfect time.