B2C2 launches crypto OTC options integrated into spot, CFD and loans trading platform

Rick Steves

B2C2 has gone live with electronic options trading for the over-the-counter (OTC) crypto market.

Prior to the launch, the crypto liquidity provider and institutional digital asset specialist offered ‘voice via chat’ OTC options trading since October 2021.

B2C2’s Single Dealer Platform has now added an OTC options experience – Options Chain – that provides a visual interface enabling ‘point & click’ electronic trading in OTC crypto options for the first time.

The move gives traders a practical choice of how to execute off-exchange trades, providing them with a comprehensive view of live OTC prices for all strikes in one place.

Fully integrated into B2C2’s crypto-native spot, CFD and loans trading platform, the OTC options functionality also includes post-trade reporting with a trade blotter and aggregated positions, along with automation around B2C2’s institutional-grade ISDA margin functionality.

B2C2 plans to include RFQ functionality

B2C2 plans to add new features over the next few months, including an options calculator with Request for Quotes (RFQ) functionality on complex derivatives structures, available on the B2C2 portal as well as via API.

The OTC market includes a number of features unavailable to on-exchange trading, such as:

  • Flexible contracts tailorable to a client’s specific needs and strategy;
  • A bilateral counterparty relationship built on trust and with the ability to extend credit;
  • Technology, operations and risk management best practices designed for institutional needs and standards.

Johannes Woolard, Head of Options, B2C2, said: “Providing our clients with the ability to trade OTC options electronically reflects significant growth in institutional demand for derivatives over the past 12 months. Clients are looking for a more comprehensive set of tools to access, hedge and trade crypto simply and easily. Institutions turn to us as a well-established and innovative crypto-native liquidity provider with the reliable and resilient trading infrastructure they require.”

Dominic Lohberger, Head of Trading, Sygnum Bank, said, “B2C2 is taking institutional crypto derivatives trading to the next level. As a regulated digital asset bank with institutional clients, Sygnum is proud to be executing the first OTC trade with the B2C2 Options Chain. Together we are setting the path for the future of electronic crypto trading.”

Read this next

Industry News

Freedom Holding Corp. contributes to UN global goals in Central Asia

Climate change, hunger, poverty, lack of education and clean water are the most pressing issues facing humankind today. These challenges cannot be addressed by any single nation or state, and require a global response.


BlockDAG Transforms Crypto Mining with X1 Beta App Launch, Raises $49.2M in Presale; SEI & BONK Developments

Uncover BlockDAG’s X1 app beta launch, reshaping mobile mining and propelling its presale to $49.2M, eclipsing BONK and SEI.

Digital Assets

Joe Biden’s campaign explores crypto donations via Coinbase

U.S. President Joe Biden’s campaign is in discussions with cryptocurrency industry players about accepting crypto donations through Coinbase Commerce, sources familiar with the matter told The Block.


VGX Foundation and Honeyland Partner to Offer VGX Rewards for Players

The VGX Foundation has announced a partnership with popular web3 game Honeyland, offering rewards utilizing the VGX token for their players.

Digital Assets

Terraform and Do Kwon fined $4.5 billion to settle with SEC

Terraform Labs and its co-founder Do Kwon have reached a final settlement with the U.S. Securities and Exchange Commission (SEC) regarding a fraud case, according to a court filing on Wednesday.

Retail FX

Dukascopy broadens CFD offering with Italian stocks

Switzerland’s forex bank and broker, Dukascopy has just expanded its offering to include Italian stocks and the Italy 40 Index. The new additions allow clients to access a broader range of investment opportunities in the Italian market.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: Federal Reserve Monetary Policy, US Inflation,Eurozone June 12 ,2024

The Fed meets today to decide on interest rates. A dovish shift (keeping rates steady or hinting at cuts) is expected, weakening the US dollar and potentially boosting gold prices.


BlockDAG Leads CoinSniper Ranking as Presale Surges to $49.2M While Cardano Shows Resilience & ApeCoin Surges

Explore BlockDAG’s #1 ranking on CoinSniper listing as presale booms to $49.2M. More on ADA’s resilience & ApeCoin’s surge.