Standard Chartered launches bitcoin, ether spot trading for institutional clients
Institutional clients, including corporates, investors and asset managers, can now trade digital assets through familiar FX interfaces
HONG KONG (Reuters): Standard Chartered has introduced spot trading for bitcoin and ether through its UK branch for institutional clients to cater to rising demand for crypto assets.
The UK-headquartered bank said on Tuesday it is the first global systemically important bank to offer secure, regulated and scalable access to bitcoin and ether deliverable spot trading.
Institutional clients, including corporates, investors and asset managers, can now trade digital assets through familiar FX interfaces, and will soon be offered non-deliverable forwards trading, StanChart said in a statement.
“As client demand accelerates further, we want to offer clients a route to transact, trade and manage digital asset risk safely and efficiently within regulatory requirements,” Chief Executive Bill Winters said in the statement.
Actor Humaira Asghar contacted 14 people in last phone calls on Oct 7: police
- 9 hours ago
Zardari, Shehbaz discuss country’s political, security, economic situation
- 4 hours ago
Severe heatwave claims 1,180 lives in Spain in two months
- 8 hours ago
Gold falls by Rs700 per tola as global rates drop
- 7 hours ago
TCP revises sugar import tender amid IMF concerns
- 8 hours ago
Oldest marathon runner Fauja Singh dies at 114 in hit-and-run
- 4 hours ago
FIA arrests human smuggling suspect in Karachi
- 6 hours ago
Govt increases petrol price by Rs5.36, HSD by Rs11.37
- 20 minutes ago
Indonesia lauds Pakistan’s counter-terrorism efforts
- 5 hours ago
Divided court clears way for Trump to cut education department jobs
- 6 hours ago
OGRA reduces RLNG prices for July
- 9 hours ago
Rescue underway after boat capsizes in Indonesia
- 7 hours ago
