CryptoStruct expands into options trading on Deribit
CryptoStruct today announced that it has now fully integrated options trading on Deribit into its low-latency trading solution. For the very first time, clients are able to trade options which gives them another possibility to generate trading profits or to hedge positions. By using CryptoStruct, clients will also benefit from Deribit’s low-latency multicast feed in London.
Thomas Schmeling, Managing Director of CryptoStruct, said: “When clients who already use and appreciate our low-latency trading solution for spot trading and futures asked us to also support them on options, Deribit, the by far leading venue for crypto options, was of course our first choice. We are very happy to strengthen our very good relationship with Deribit by now supporting all available instruments out of Deribit’s colocation in London LD4.”
Luuk Strijers, Deribit’s Chief Commercial Officer commented, “Through this integration, CryptoStruct is expanding the crypto derivatives ecosystem, which allows a wider range of traders to properly hedge their investments with options or use other options trading benefits. Deribit’s low-latency trading and market data solutions provide crypto options traders with a distinct and transparent competitive advantage over other market participants, and we are excited to bring this to CryptoStruct’s esteemed clientele.”