GFO-X enters into multi-firm partnership ahead of launch
09 December 2024 UK
Image: James Thew /stock.adobe.com
GFO-X has entered into a multi-firm partnership with ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial, ahead of its launch in Q1 2025.
GFO-X is said to be the first regulated and centrally cleared trading venue focused on digital asset derivatives in the UK. The multi-firm partnership also marks a collaboration that will help deliver the requirements needed to expand the institutional digital asset index futures and options market.
The company plans to announce further partnerships in the immediate future.
Arnab Sen, CEO and co-founder of GFO-X, states: “We are delighted to announce our strategic partners as we drive towards launch in Q1 next year. It demonstrates the need for a highly regulated venue to bring additional depth, breadth, and diversification to the current limited choices in centrally cleared digital asset index derivatives.”
Global head of prime and financing, financing and securities service at Standard Chartered, Andy Ross, adds: “We’re delighted to support the launch of GFO-X derivatives and to join LCH SA as a general clearing member to enable our clients to trade and clear. We continue to invest in servicing our clients broadly across the crypto space in coin, token and derivative form.”
GFO-X is said to be the first regulated and centrally cleared trading venue focused on digital asset derivatives in the UK. The multi-firm partnership also marks a collaboration that will help deliver the requirements needed to expand the institutional digital asset index futures and options market.
The company plans to announce further partnerships in the immediate future.
Arnab Sen, CEO and co-founder of GFO-X, states: “We are delighted to announce our strategic partners as we drive towards launch in Q1 next year. It demonstrates the need for a highly regulated venue to bring additional depth, breadth, and diversification to the current limited choices in centrally cleared digital asset index derivatives.”
Global head of prime and financing, financing and securities service at Standard Chartered, Andy Ross, adds: “We’re delighted to support the launch of GFO-X derivatives and to join LCH SA as a general clearing member to enable our clients to trade and clear. We continue to invest in servicing our clients broadly across the crypto space in coin, token and derivative form.”
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