GCEX Adds Bitcoin and Ether Options for Professional and…
By Rick Steves
AI summary of the source article
GCEX has launched over-the-counter European-style Bitcoin and Ether options with monthly expiries and fiat settlement for eligible professional and institutional clients. The trades are requested via its OTC desk and hedged with Tier 1 liquidity providers.
Why it matters
The options service adds a risk-management product to a platform that already serves clients across digital assets and FX.
Key facts
- GCEX launched OTC Bitcoin and Ether calls and puts offering European-style exercise, monthly expiries, and fiat settlement.
- GCEX hedges every client trade with Tier 1 liquidity providers and does not take the other side of the position.
- The service is restricted to eligible professional and institutional clients through UK FCA-regulated GC Exchange Limited.
Source excerpt · FinanceFeeds
GCEX has launched over-the-counter options on Bitcoin and Ether for eligible professional and institutional clients, adding a derivatives product to its digital asset and foreign exchange services. Clients request quotes through the GCEX OTC desk, with pricing sourced from Tier 1 liquidity providers. The new service offers European-style options with monthly expiries and fiat settlement. GCEX says…