Filling the Void – Crypto Grows Up

As the world of crypto trading matures there is increased interest from institutional traders, looking to access professional venues. To date these trading institutions have been naturally cautious, as exchanges
October 25, 2019 - Editor
Category: Crypto

As the world of crypto trading matures there is increased interest from institutional traders, looking to access professional venues.

To date these trading institutions have been naturally cautious, as exchanges offer mainly retail services (even though some have claimed to be institutional), and some questionable practices that have given rise to crypto's association with 'the Wild West'.

To fill this void, GCEX (GC Exchange) has launched an institutional trading and technology solution for crypto and FX, targeting the institutional and professional segment – including Banks, Asset Managers, Hedge Funds, Brokers and professional traders.

Headquartered in London, GCEX was established in 2018 in response to demand for regulated and compliant access to the crypto market. It provides a suite of integrated FinTech products, enabling clients to automate on-boarding, trade Crypto and FX, combined with solutions for clearing.

Perhaps equally important, GCEX is authorised and regulated by the Financial Conduct Authority.

GCEX was founded by Lars Holst, well known in the FX industry after previously founding CFH Clearing in 2009. Lars comments, "We are delighted to officially announce the launch of GCEX, a technology solution which addresses the need for regulated and compliant exposure to Cryptoassets. Through our extensive investment, GCEX has developed a proprietary technology stack which provides a hybrid of ultra-low latency, industry leading solutions for institutional and professional clients."

To date, GCEX has onboarded 16 clients and is in the process of adding more.

The new technology platform provides clients with liquidity, trading and hosting. Significantly, it also provides KYC and onboarding services. Technology partners include Celer, MetaQuotes, Equinix, oneZero and Beeks. GCEX is also is working with RegTech provider, muinmos, run by another ex-CFH co-founder Remonda Kirketerp-Moller.

Watch this space…..


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