Crypto Prepares For Institutional Adoption: OKEx Launches CME – Bitcoin – United States Dollar ($ BTC) Portfolio Margin System

[ad_1]

Cryptocurrency derivatives have just taken one more step to replicate the experience institutional investors expect from their traditional counterparts as OKEx announced the launch of new advanced trading features.

What Happened: OKEx launched Portfolio Margin on Monday in an effort to meet the needs of professional and institutional traders. It’s available on both web and API versions of the platform, according to a recent OKEx announcement.

The new features have been designed for high volume traders such as market makers and institutions with the aim of drastically reducing their capital requirements.

OKEx Portfolio Margin enables multi-currency portfolio margin to allow traders to open derivative positions with significantly reduced margin requirements in multiple currencies at the same time.

OKEx’s portfolio margin feature greatly reduces the margin calculation and closely resembles Chicago Mercantile Exchange’s standardized portfolio risk analysis feature.

OKEx CEO Jay Hao said the benefits of this feature will be felt “across the industry” because “as we bring more sophisticated players into crypto, we create more robust markets and more liquid, increasing the legitimacy of crypto as a new asset class on the global stage. “

Photo: OKEx

[ad_2]