Citi’s Post

Over the last 7 days, KAS, FNSA, and WBT had the highest buy ratio when looking at DAR Vetted and Watchlist Exchange trade data for top 200 digital assets by market cap. For more info: https://loom.ly/soY-bPE #digitalassets #buysell #tradedata #drivenbydata

Over the last 7 days, WBT, HNT, and FNSA had the highest buy ratio when looking at DAR Vetted and Watchlist Exchange trade data for top 200 #digitalassets by market cap. For more info: https://loom.ly/soY-bPE #digitalassets #buysell #tradedata #drivenbydata

Over the last 7 days, ROSE, WBTC, and OMI had the highest buy ratio when looking at DAR Vetted and Watchlist Exchange trade data for top 200 #digitalassets by market cap. For more info: https://loom.ly/soY-bPE #digitalassets #buysell #tradedata #drivenbydata

Crypto prime brokers: more resilience for the crypto industry, but also more need for counterparty default protections. First wave  Back to mid 2020, the emergence of “blue chips” crypto prime brokerage offering following some M&A activities (e.g. Tagomi (Acquired by Coinbase, now CB Prime)) was perceived as a key catalyst for institutional involvement in the industry. Back then, the industry lacked full prime brokerage services: not focusing only on efficient order routing, but also on digital asset custody, executional infrastructure, liquidity and risk management and clearing. Crypto prime brokerage and their benefits Crypto prime brokerage bring many benefits to the crypto industry, among others:  ▪ Liquidity efficiency via order rerouting and one single account access to several exchanges, addressing the issue of the fragmentation of crypto markets;  ▪ Greater capital efficiency through leverage, netted collateral and convenient custody;  ▪ Access to valuable expertise and support in dealing with digital assets, including market execution and regulatory compliance; ▪ Institutional adoption support, due to existence of prime broker model in traditional markets. Second wave  In the aftermath of 2022 default events, demands have again surged for separate custody services from exchanges and FX prime brokerage-style arrangements. This time, demands are more driven by the need for better management of credit relationships. Crypto prime brokers, such as Hidden Road, have become important market participants by providing market access, but, more importantly, credit to trade crypto over the counter (OTC).   A market still in need for counterparty default hedging solutions  By extending credit to their customers, crypto prime brokers are exposed to potential losses if clients default on payment obligations or become insolvent. Ensuring proper risk management protocols are in place and continuously monitored is key for mitigating this type of exposure. Counterparty default solutions which enable intermediaries to hedge their synthetic exposures will support the emergence of full service crypto prime brokerage. All the more important as these intermediaries operate with constrained balance sheets.   #cryptotrading #cryptoexchanges #cryptoprimebroker #cryptorisks #cryptodefaultrisks #cryptoriskmanagement #cryptocds #cryptods #cryptodistressedassets #defi FX-style crypto platforms could bridge gap with TradFi - FX Markets (fx-markets.com)

A number of interesting findings on the impact and prominence of DLT in financial organisations were raised in the 'DLT in the real world' survey ran by ISSA - Intl Securities Services Association and The ValueExchange and supported by ourselves and others. One response that we found especially relevant was that 49% of respondents believe CBDCs will be operational across major currencies in the next three years. Read the full report here: https://lnkd.in/ereQ-_r9

As of the mid-point of 2023, numerous financial institutes, including but not limited to forex brokers, fintechs and exchanges, have disclosed their performance for the first half of the year (H1 2023) or the second quarter (Q2 2023). The revelations shed light on the industry's prevailing trends and patterns during this period. #data #dataanalytics #datareporting #finance #news #fintech #crypto #fx #forex #forexbroker #performance https://lnkd.in/ea_-Rix9

Over the last 7 days, TET, OHMV2, and WBT had the highest buy ratio when looking at DAR Vetted and Watchlist Exchange trade data for top 200 digital assets by market cap. For more info: https://loom.ly/soY-bPE #digitalassets #buysell #tradedata #drivenbydata

Day trading, the practice of buying and selling financial instruments within the same trading day, has seen a remarkable evolution over the past few decades. This transformation has been driven by technological advancements, regulatory changes, and shifts in market structure, culminating in a landscape vastly different from its inception. Read more here 👉 https://lnkd.in/dz9c56ua #TradingForAll #FinancialInclusion #DigitalInvesting #FintechRevolution #DemocratizingTrading #RetailInvesting #InvestSmart #MarketAccess #CryptoTrading #SocialTrading #DayTradingEvolution #TradingTechnology #RetailTrading #MarketDemocratization #FinancialFreedom #CryptoDayTrading #TradingCommunity #InvestingForAll #FintechInnovation #DigitalMarkets

As of the mid-point of 2023, numerous financial institutes, including but not limited to forex brokers, fintechs and exchanges, have disclosed their performance for the first half of the year (H1 2023) or the second quarter (Q2 2023). The revelations shed light on the industry's prevailing trends and patterns during this period. #data #dataanalytics #datareporting #finance #news #fintech #crypto #fx #forex #forexbroker #performance https://lnkd.in/gqvZM5NQ