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).

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