Tag: institutional

institutional

The Crypto Market Structure in 2020 and Beyond

To view the video please log in to the site At the recent Profit & Loss Dial-in Day New York, LMAX Group CEO David Mercer spoke to P&L’s managing editor Colin Lambert about the evolution of the crypto industry as LMAX Digital – the firm’s digital assets exchange – turned two years old. Mercer stressed […]

And Finally…

Thursday’s column on what constitutes “institutional” and what exactly is an LP got people fired up, but before that I need to reiterate that my praise in that column for those doing good in the industry was not limited to the two Hall of Famers I mentioned. Although we do run the HoF and naturally […]

And Another Thing…

Nearly all liquidity is, to a degree, recycled, and always has been – a market cannot start without someone either posting interest or (often metaphorically) stating, “this is my price”. I get that, and my frequent and overwhelmingly negative comments on this recycling aspect of the FX market do take that into account – but […]

Analysing oneZero’s New Investment

A decade after launching, oneZero secured new outside investment this week. Galen Stops takes a look at the logic behind this deal for all the parties involved. Earlier this week, Lovell Minnick Partners (LMP), a private equity firm focused on investments in the global financial services industry, completed a minority investment in oneZero Financial Systems. […]

Coinbase Launches Institutional Crypto Suite

Coinbase, a cryptocurrency exchange based in San Francisco, has launched a new suite of services aimed at institutional level market participants.

With one of these services, Coinbase Custody, the firm says that it has leveraged its experience of safely storing more than $20 billion of cryptocurrency to create the most secure crypto storage solution available.

“In partnership with an SEC-regulated broker-dealer, Coinbase Custody is proud to offer a service that couples Coinbase’s cryptocurrency security excellence with third-party auditing and financial reporting validation that operates at the high standard of an SEC-regulated, custodial broker-dealer,” says Coinbase in announcing the news.

And Finally…

Sometimes you just hear things that make you shake your head. More specifically, the sheer arrogance of some people that loudly proclaim to be in the client service business but who are wantonly and deliberately acting against their clients’ best interest is staggering. It appals and angers me that these people still exist in the FX industry – and that some jurisdictions seemingly are content to let them operate within their borders. We should all be worried though because, sadly, the industry is broadly judged by the standards of the lowest.

And Another Thing…

Strap yourselves in – this one is a little controversial. Regular readers know I like a good FX industry survey, the semi-annual FX turnover reports, for example, bring out the anorak in me and I spend hours poring over the electronic trading data. It was with interest then, that I read through this week’s report […]