OKX announced Friday that institutional trade volume exceeds $3 billion on its Liquid Marketplace.
The second-largest crypto exchange by 24-hour trading volume announced the milestone on Friday."The Liquid Marketplace, an on-demand liquidity network for institutional traders, exceeded USD$3 billion in trading volume," OKX said in aThe Liquid Marketplace allows professional and institutional traders to send requests for quotes to market makers for large digital asset transactions.
The exchange is expanding its offering for institutional customers. It recently struck a partnership with regulated digital asset custody service providerIt also added 'Nitro Spreads' to Liquid Marketplace — which already offered OTC, futures spreads and options liquidity. Nitro Spreads is a trading tool that executes both legs of a trade simultaneously via a central order book, thereby mitigating leg risk between markets.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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