Sygnum Financial institution at the moment introduced the launch of its OTC choices overlaying BTC/USD and ETH/USD buying and selling pairs.
Sygnum’s regulated digital asset choices providing will embrace:
European OTC name and put choices on BTC/USD and ETH/USD
Absolutely customisable strike and expiry date with a sexy minimal commerce measurement
Lengthy and brief positioning
Sygnum purchasers can now implement extra refined digital asset funding and buying and selling methods
Choices have lengthy performed an necessary position in conventional monetary markets as a device to assist buyers navigate by way of unpredictable market circumstances. By paying the choice premium, consumers can take part in bigger value swings, whereas sellers leverage elevated volatility ranges and gather premium funds to generate further yield on current holdings.
With the rise in worth of main digital property like Bitcoin – which noticed its quantity of traded choices improve 7 occasions in 2020 – and the ever-increasing variety of institutional buyers getting into the area, the market demand for choices on digital property is rising considerably. As a regulated Swiss financial institution, Sygnum already offers a trusted platform by way of which buyers can make investments and commerce in digital property. With the supply of choices, purchasers can now implement extra refined funding and buying and selling methods for his or her digital asset portfolios.
“With choices, purchasers can now revenue from any value motion – be it a bull, bear or sideways market,“ stated Dominic Lohberger, Head of Brokerage at Sygnum Financial institution. “They may also be used to hedge positions, take leveraged publicity to the market or commerce volatility,” he provides.
Driving the speedy improvement of the digital asset area
Sygnum’s choices providing has a full vary of options that may be tailor-made to the person shopper’s wants, resembling totally customisable strike and expiry date in addition to lengthy and brief positioning. That is one other instance of the speedy improvement of digital asset investing, offering buyers with the identical funding and hedging toolset confirmed for many years in different asset courses. Sygnum is shaping the regulated digital asset business in lots of areas and actively strives to empower different established monetary establishments to allow their finish purchasers to profit from the seemingly countless alternatives of regulated digital asset investing.
“At Sygnum we’re constructing a portfolio of regulated banking companies that makes the universe of digital property bankable, conveniently accessible and fully trusted. Our growth into choices fills the hole for a regulated providing on this space, and additional extends our product suite to satisfy the complicated wants of an more and more institutional shopper base,“ stated Thomas Eichenberger, Head of Enterprise Items at Sygnum Financial institution.