B2C2 adds crypto options trading

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Filed: Crypto, The Stream | Tags: B2C2, Brad Nagela, crypto, liquidity, options Posted by Colin Lambert. Last updated: October 4, 2021

B2C2 has supplemented its line of market-building products with the launch of crypto options. The company will initially offer vanilla options with tailor-made expiration dates and strikes to institutional counterparties in Bitcoin and Ethereum.

The firm says the new product, which joins the integrated offer of spot and Delta one derivatives, is designed to meet the increased demand for sophisticated alpha generation and hedging instruments. Rather than mirroring maturities on option exchanges, B2C2’s bespoke option contracts offer any exercise and any expiration up to three months, allowing users to more precisely meet their needs. coverage and investment, he adds.

The options trading business will be led by Brad Nagela, Global Head of Options Trading, based in Chicago and Johannes Woolard, Head of Options Trading Europe, based in London.

It’s an exciting time for us at B2C2, says Nagela. We believe we were in a unique position to provide our counterparts with the products they need, backed by deep pools of liquidity. Product innovation, excellence in risk management and efficient transaction execution and settlement is a winning combination for us and we look forward to creating a full line of derivatives, much like the ones you will find. in an investment bank.

The launch comes weeks after the company unveiled a new pricing methodology that allows it to electronically price larger block transactions.

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