Singapore – November 21, 2023 – Wintermute Asia Pte. Ltd (“Wintermute Asia”), the digital asset derivatives trading arm of the Wintermute Group, the leading algorithmic trading firm and liquidity provider in digital assets, today announced that it has executed its first options block trade through CME Group. The BTC/USD block was traded between Wintermute Asia and TP ICAP and was cleared by ABN AMRO Clearing Bank N.V.
As institutional demand for secure and alternative methods to get exposure to digital assets increases, Wintermute Asia has continued to develop and build out its derivatives product offering, with the CME integration being the latest milestone in this process. Currently, Wintermute Asia offers vanilla options in BTC, ETH, and a large range of altcoins, ranging from 1-day to 6-month expiries, as well as a myriad of exotics. With more derivative products on the roadmap and through a customized approach, Wintermute Asia can structure almost any trade to address different use cases, trading strategies, and market conditions. Furthermore, Wintermute Asia offers a flexible capital-efficient margin methodology, allowing counterparties to achieve their desired trading outcome objectives.
By executing a block trade with TP ICAP on November 16, Wintermute Asia is further demonstrating its commitment to expanding its presence in traditional financial markets by offering secure investment solutions to its counterparties. As Wintermute Asia continues to grow and evolve, it remains dedicated to fostering growth, increasing liquidity, and enabling market access for counterparties in both traditional and digital asset finance.
Disclaimer: This material is provided by Wintermute Asia solely for informational purposes, and is intended only for sophisticated, institutional investors. Specifically, derivatives trading with Wintermute Asia is not suitable for retail persons in the United Kingdom. Trading and investing in digital assets and derivative transactions involve significant risks including price volatility and illiquidity and may not be suitable for all investors. Wintermute Asia is not liable whatsoever for any direct or consequential loss arising from the use of this material. This material does not constitute an offer or commitment, a solicitation of an offer, or commitment, or any advice or recommendation, to enter into or conclude any transactions, or to provide investment services in any state or country where such an offer or solicitation or provision would be illegal.
Wintermute Asia does not give any representations or warranties in relation to the accuracy, validity or complicity of the information of this material, including without limitation the factual information obtained from publicly available sources considered by Wintermute Asia to be reliable; and do not accept any liability for any consequences of using the information contained in this material, and for the applicability of this material for the specific purposes and objectives of this material recipients. Any opinions or estimates expressed herein reflect a judgment made by the author(s) as of the date of publication, and are subject to change without notice. Neither this material nor any copy thereof may be taken, reproduced, or redistributed, directly or indirectly, without prior written permission of Wintermute Asia.
