TechFlow news — On September 20, according to FinanceFeeds, crypto market maker Wintermute announced that its crypto CFD (Contract for Difference) product is now live on its electronic OTC trading platform, Wintermute NODE. Since launching in February this year, Wintermute’s crypto CFD trading volume has grown 19-fold between March and August. The company also pioneered the launch of GMCI Index CFD trading on its OTC desk.
Wintermute CEO Evgeny Gaevoy said the firm believes adoption and market expansion of crypto derivatives will surpass that of traditional finance. The new feature supports using nearly any fiat currency or crypto asset as margin for derivative trading, including cryptocurrencies, fiat currencies, and liquid staking tokens.
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