CFH Clearing is rolling out liquidity in Bitcoin through FIX and MT4 and will soon be adding Ethereum, Litecoin and Dash. The products will be treated as CFDs so there is no delivery of cryptocurrencies or a need for clients to maintain a wallet.
Matthew Maloney, CEO, CFH Clearing comments, “With demand for Bitcoin at an all-time high, we wanted to offer much more than a cryptocurrency price feed to clients but provide a venue for them to offload some of the risk, too. Cryptocurrencies are a risky asset and brokers have been struggling with where to hedge them. Our new offering stands out in the market, addressing this issue and creating a very attractive product for our clients.”