GCEX, a main brokerage for foreign exchange and cryptocurrencies led by Lars Holst, introduced at present (Wednesday) that it’s enhancing its choices with DV Chain, a supplier of crypto liquidity and market-making companies. Via the most recent collaboration, GCEX expects to supply its purchasers even tighter spreads and diminished execution prices.
The official announcement additional highlighted that GCEX will present enhanced brokerage companies for spot cryptocurrency transactions by way of this partnership.
“As demand for deep liquidity in digital belongings from institutional purchasers continues to rise, this partnership reinforces GCEX’s place as a number one regulated brokerage, delivering superior world crypto CFDs liquidity,” mentioned Michael Aagaard, Managing Director of GCEX.
Certainly, GCEX’s choices have been designed particularly for institutional purchasers. The most recent liquidity choices could be accessed on its native platform, XplorSpot, or by way of API.
“This collaboration permits us to carry our superior crypto liquidity options to a broader viewers, serving to present tighter spreads and diminished execution prices,” Michael Rabkin, World Head of Enterprise Improvement at DV Chain, mentioned. “Along with GCEX, we’re dedicated to supporting the rising demand for environment friendly and dependable digital asset buying and selling.”
A Rising Firm in FX and Crypto
Headquartered in London, GCEX was established in 2018 by Lars Holst. It presents brokers, hedge funds, {and professional} merchants entry to deep liquidity in FX and digital belongings and a spread of expertise options.
Over time, the corporate expanded its geographical attain and obtained cryptocurrency licenses and registrations in Denmark and Dubai. The corporate additionally acquired a Danish license to supply rolling Spot FX and CFDs to institutional purchasers.
In the meantime, the UK entity of GCEX closed 2023 with an annual turnover of £2.3 million and a pre-tax lack of £387,429. The corporate’s turnover nearly halved from the earlier 12 months’s £4.46 million. It attributed the income decline to the long-standing results of the “crypto winter” and likewise to the “distinctive progress” of the corporate in 2022.
GCEX, a main brokerage for foreign exchange and cryptocurrencies led by Lars Holst, introduced at present (Wednesday) that it’s enhancing its choices with DV Chain, a supplier of crypto liquidity and market-making companies. Via the most recent collaboration, GCEX expects to supply its purchasers even tighter spreads and diminished execution prices.
The official announcement additional highlighted that GCEX will present enhanced brokerage companies for spot cryptocurrency transactions by way of this partnership.
“As demand for deep liquidity in digital belongings from institutional purchasers continues to rise, this partnership reinforces GCEX’s place as a number one regulated brokerage, delivering superior world crypto CFDs liquidity,” mentioned Michael Aagaard, Managing Director of GCEX.
Certainly, GCEX’s choices have been designed particularly for institutional purchasers. The most recent liquidity choices could be accessed on its native platform, XplorSpot, or by way of API.
“This collaboration permits us to carry our superior crypto liquidity options to a broader viewers, serving to present tighter spreads and diminished execution prices,” Michael Rabkin, World Head of Enterprise Improvement at DV Chain, mentioned. “Along with GCEX, we’re dedicated to supporting the rising demand for environment friendly and dependable digital asset buying and selling.”
A Rising Firm in FX and Crypto
Headquartered in London, GCEX was established in 2018 by Lars Holst. It presents brokers, hedge funds, {and professional} merchants entry to deep liquidity in FX and digital belongings and a spread of expertise options.
Over time, the corporate expanded its geographical attain and obtained cryptocurrency licenses and registrations in Denmark and Dubai. The corporate additionally acquired a Danish license to supply rolling Spot FX and CFDs to institutional purchasers.
In the meantime, the UK entity of GCEX closed 2023 with an annual turnover of £2.3 million and a pre-tax lack of £387,429. The corporate’s turnover nearly halved from the earlier 12 months’s £4.46 million. It attributed the income decline to the long-standing results of the “crypto winter” and likewise to the “distinctive progress” of the corporate in 2022.
