GCEX, a main brokerage for foreign exchange and cryptocurrencies led by Lars Holst, introduced right this moment (Wednesday) that it’s enhancing its choices with DV Chain, a supplier of crypto liquidity and market-making companies. By way of the newest collaboration, GCEX expects to supply its shoppers even tighter spreads and diminished execution prices.
The official announcement additional highlighted that GCEX will present enhanced brokerage companies for spot cryptocurrency transactions by this partnership.
“As demand for deep liquidity in digital belongings from institutional shoppers continues to rise, this partnership reinforces GCEX’s place as a number one regulated brokerage, delivering superior international crypto CFDs liquidity,” stated Michael Aagaard, Managing Director of GCEX.
Certainly, GCEX’s choices have been designed particularly for institutional shoppers. The newest liquidity choices will 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 Growth at DV Chain, stated. “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.
Through the years, 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 shoppers.
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 virtually 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 in addition to the “distinctive development” of the corporate in 2022.
GCEX, a main brokerage for foreign exchange and cryptocurrencies led by Lars Holst, introduced right this moment (Wednesday) that it’s enhancing its choices with DV Chain, a supplier of crypto liquidity and market-making companies. By way of the newest collaboration, GCEX expects to supply its shoppers even tighter spreads and diminished execution prices.
The official announcement additional highlighted that GCEX will present enhanced brokerage companies for spot cryptocurrency transactions by this partnership.
“As demand for deep liquidity in digital belongings from institutional shoppers continues to rise, this partnership reinforces GCEX’s place as a number one regulated brokerage, delivering superior international crypto CFDs liquidity,” stated Michael Aagaard, Managing Director of GCEX.
Certainly, GCEX’s choices have been designed particularly for institutional shoppers. The newest liquidity choices will 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 Growth at DV Chain, stated. “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.
Through the years, 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 shoppers.
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 virtually 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 in addition to the “distinctive development” of the corporate in 2022.
