Hidden Road Expands Prime Brokerage Services with OTC Crypto Options — TradingView News
Hidden Road has expanded its prime brokerage services by adding support for over-the-counter (OTC) options on digital assets. The new offering allows institutions to execute OTC options and apply cross-margining with their other crypto holdings.
Launching the New Product with Industry Partners
Announced yesterday (Thursday), the crypto prime broker is partnering with QCP and BlockTech, who will serve as launch partners for the new service. The two digital asset platforms will provide liquidity and help institutions access structured and derivatives products.
“Historically, options trading in digital assets has been limited due to bilateral credit risk and the lack of cross-margining. That is no longer the case,” said Michael Higgins,…