Japanese brokerage giant Nomura debuts Bitcoin OTC derivatives offering amidst market turmoil - BitcoinEthereumNews.com
Bitcoinजापानी ब्रोकरेज दिग्गज नोमुरा ने बाजार की उथल-पुथल के बीच बिटकॉइन ओटीसी डेरिवेटिव्स की शुरुआत की05 / 13 / 2022बिटकॉइन एथेरियम समाचार According to a press release published Friday by Nomura, the Japanese firm has started providing bitcoin over-the-counter derivatives to clients, making it the latest major financial institution to enter the cryptocurrency market. The major Japanese financial institution is now offering its institutional clients Bitcoin (BTC) swap trading, as well as options that will settle in U.S. dollars. The move comes as BTC falls to new lows, below $30,000, after dropping 20% in the past week. According to the Bloomberg article, Nomura conducted the first trade on CME Group Inc.s platform this week. It has also partnered with market-maker Cumberland DRW LLC. Tim Albers, head of forex structuring in Asia ex-Japan, कहा: There has been significant volatility recently. Once the dust settles, valuations will become more attractive to institutional clients. We are very excited to get this off the ground as the launch marks the “begining of our journey in space” for trading global markets. Nomuras venture into Crypto The Japanese banking giant made an anouncement earlier this year of its intentions to venture into crypto. Developing on the same principles pulling in assets