BEQUANT launches prime brokerage for cryptocurrency and digital asset managers
BEQUANT, a global provider of cryptocurrency and digital asset services for professional traders and institutions, has launched BEQUANT PRO, a prime brokerage platform.
BEQUANT PRO is now available after an extensive beta period that incorporated feedback from hedge funds, family offices, and other asset managers; financial firms, over-the-counter (OTC) desks, exchanges and other market participants. It is the first of its kind in the digital asset space and brings to market a breadth of services that previously were unavailable in a one-stop-shop solution.
“As digital assets emerge further into the investing world’s consciousness, it has become apparent that institutional-grade solutions are needed to solve the pain points of a fragmented marketplace,” says George Zarya, CEO at BEQUANT. “BEQUANT PRO is the cure for what ails sophisticated investors in this space.”
Prime brokerage services have long been available in the traditional markets. They enable traders to use less margin while having access to deeper pools of liquidity at lower transaction costs, and also solve for a number of pain points that have long held back institutional adoption of digital assets.
Additional features include:
• Multi-exchange direct market access
• Collateral management tools
• Leveraged trade execution
• OTC block trading
• Risk management
• Smart order routing
• Integration of third party solutions
• Round-the-clock, institutional-grade support
BEQUANT PRO was built with risk management in mind, and aims to simplify complex tasks like margin and trading across multiple venues through a single account. The platform is safe, secure and provides reliable, seamless access to seven major digital asset exchanges including Binance, Huobi and OKex; and numerous OTC desks around the world through a unified, intuitive dashboard. Traders that prefer to use their own portfolio management solutions can also access BEQUANT PRO through an API.
“Traders have long complained about the cost and difficulty of having to manage risk and compliance across several accounts at the same time,” says Alex Mascioli, head of institutional services at BEQUANT. “BEQUANT Pro solves for this by providing the same level of service, reliability and cost reduction that has been in traditional markets for decades.”