Fintech

TP ICAP offers European clients crypto-linked ETP

Market makers DRW, Flow Traders and Jane Street provided liquidity for the crypto trade

Interdealer broker, TP ICAP said it has begun to offer its European clients crypto-linked exchange-traded products (ETP), with first trades already completed with Goldman Sachs.

The firm, the world's largest inter-broker dealer by revenue, said it traded outright the ETC Group Physical Bitcoin against the CME Bitcoin Future in the form of an EFP (Exchange for Physical).

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line