Victoria, Seychelles, April 6, 2023, Chainwire
- On-demand institutional liquidity network offers futures spreads, options strategies and spot OTC
- Rapid growth underpins OKX’s focus on developing products specifically for institutional clients
OKXthe second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that its Liquid marketan on-demand liquidity network designed for institutional traders, surpassed $1 billion in trading volume in 2023.
The on-demand OKX Liquid Marketplace provides access to deep institutional liquidity and provides access to a number of crypto trading strategies, including futures spreads, large options block trades or spot OTC, for operate on a large scale. Atomic two-leg one-click execution allows traders to easily execute efficient, low-risk spread trades on agricultural finance rates, generate returns through cash-and-carry trades, and roll hedges of expiring futures contracts.
Lennix Lai, Managing Director of Global Institutional at OKX, said: “Institutional clients demand liquidity, superior fee structures and simplified execution of advanced trading strategies. We designed our Liquid Marketplace to hit that sweet spot, and the market responds. Our goal is to become the go-to place for institutional traders by listening to their needs and leveraging our technical expertise, creativity and product design to create the best platform for their needs.
OKX Liquid Marketplace overhauls the traditional bidding process by automating workflows, offering an integrated position builder, and enabling anonymous bidding with two-way quotes. Users can build custom multi-leg strategies and request quotes on futures spreads and basic trades with one click. The platform also offers state-of-the-art security backed by end-to-end connectivity with OKX’s risk management and settlement system.
The growth of OKX Liquid Marketplace has occurred against the backdrop of OKX’s global expansion, which has seen it reach 50 million users worldwide.
Learn more about OKX Liquid Marketplace here.
OKX is the world’s second largest crypto exchange by trading volume and a leading Web3 ecosystem. Trusted by over 50 million users worldwide, OKX is known to be the fastest and most reliable crypto trading app for investors and professional traders around the world.
As the preferred partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James and F1 driver Daniel Ricciardo, OKX aims to energize the fan experience with new engagement opportunities. OKX is also the Tribeca Festival’s Top Partner as part of an initiative to attract more creators to the web3.
Beyond the OKX exchange, the OKX wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
To learn more about OKX, download our app or visit: okx.com
This announcement is provided for informational purposes only. It is not intended to provide investment, tax or legal advice, and should not be considered an offer to buy, sell or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate widely, and can even become worthless. You should carefully consider whether trading or holding digital assets is right for you in light of your financial situation. Please consult your legal/tax/investment professional with any questions regarding your particular situation.