Rostro Group (www.rostro.com), the diversified fintech and financial services group of companies, has today announced the launch of their prime service on digital assets derivatives. By providing a single point of access to pricing and execution for multiple derivatives reflecting by digital assets, institutional clients can access the full suite of traditional markets covered as CFD instruments, and now also market leading pricing and execution in Crypto CFDs, all from one single platform and margin account.
Michael Ayres, Group CEO & Partner, Rostro Group commented:
“The popularity of digital asset trading and investing has grown significantly in recent years, yet the decentralised nature of the underlying asset means that market functions have remained somewhat siloed. The launch of the Rostro Prime of Prime liquidity service on digital asset derivatives allows us to leverage our strong existing relationships with clearers, liquidity providers and clients to deliver comprehensive pricing and execution.”
As a Prime Broker, Rostro's Scope Prime division works closely with their clients to fully understand their risk profile and return on capital. Margin requirements can be as low as 2% and up to 20%, depending on the client's trading activity and risk appetite.
The availability of aggregation services compares pricing and market depth across multiple exchanges and OTC dealers, making a significant contribution to market efficiency and improving liquidity for all participants. The technology has been structured to ensure the addition of new assets follows a streamlined process, minimising deployment times and maximising product functionality. In the first instance CFDs will be offered, with further licensing and product development including implementation of a license entity enabling digital assets payment solution and spot trading.
Mark Foulger, Managing Director-Digital Assets Innovation, Rostro Group added:
“In developing this new offering, we have drawn heavily on the collective experience of the wider business, ensuring that we exceed counterparty expectations from the outset. Whether that’s through the ability to transact via industry standard trading platforms as well as an API feed, or the inclusion of real time monitoring and reporting of trading resources, successful deployment of this innovation is a significant achievement not just for Rostro but also for the market as a whole.”
