TP ICAP completes first trades on crypto asset equity instruments

TP ICAP completes first trades on crypto-asset equity instruments

• TP ICAP is a global firm of professional intermediaries that operates in the world’s financial, energy and commodities markets
• Marked a major milestone in its Digital Assets business with the first trades completed on crypto-asset equity instruments
• The company’s Digital Assets business traded the ETC Group Physical Bitcoin (Bloomberg Ticker BTCE GY) on an outright basis
• Leading Crypto Exchange-Traded Products market makers DRW, Flow Traders and Jane Street provided liquidity
• It is actively providing liquidity to its clients across the CME Bitcoin and Ether Futures
• There has been a meaningful increase in CME Bitcoin Futures volumes following the recent approvals