26 September, 2017 – CFH Clearing is rolling out CFD liquidity in Bitcoin through FIX and MT4, and will soon be adding Ethereum, Litecoin and Dash. As CFDs there is no delivery of cryptocurrencies or a need for clients to maintain a wallet.
This latest offering from CFH Clearing provides brokers with an opportunity to generate new trading volumes by capitalising on the increasing demand from their clients to trade cryptocurrencies.
Matthew Maloney, CEO, CFH Clearing comments, “With demand for Bitcoin at an all- time high, we wanted to offer much more than a cryptocurrency price feed to clients but provide a venue for them to offload some of the risk, too.
“Cryptocurrencies are a risky asset and brokers have been struggling with where to hedge them. Our new offering stands out in the market, addressing this issue and creating a very attractive product for our clients.”
Clients of CFH Clearing will be able to access the crypto liquidity through all proprietary platforms as well as preferred third party technology partners. Following the completion of an extensive integration directly with the crypto exchanges, CFH Clearing can quickly add further cryptocurrencies according to future demand.
FairXchange Launches Pricing Stack Analysis
DMALINK® and WeOwn enter partnership to redefine decentralised finance
CLS Provides Volume Data for August 2020
DMALINK Appoints Malkeet Sokhi as Non-Executive Director
PrimeXM Release Trading Volume Figures For August 2020