The Art of OTC Trading Exchange Development in 2021 | Antier Solutions

  • Secure chat rooms hosted by brokers
  • Skype chatrooms
  • Telegram
  • LinkedIn connects
  • An OTC crypto desk maintains its own aggregated order book
  • This book maintains details like orders from customers, inter-dealer liquidity, and multiple exchanges’ order books.
  • An OTC desk is also capable of providing a lock-in-price. However, the price is locked in only for a certain period.
  • The OTC trading platform development services ensure the desk is developed in a way that the slippage (the difference between actual executed and expected price) is avoided.
  • Over-the-counter platforms are better suited for high-volume traders. That’s because the trades are anonymous and can impact the market price of crypto assets.
  • Transactions are more private
  • No exchange risk involved as the parties exchange the assets directly
  • As the OTC platforms offer higher privacy and anonymity, the transactions fees are generally higher
  • Some OTC desks might have a minimum order amount condition
  • Settlement risk is involved

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store