SINGAPORE–(BUSINESS WIRE)–OrBit Markets, an institutional liquidity provider in crypto options and structured products, has executed the first U.S. barrier product (“One-Touch”) with BlockFills, a global financial technology and trading company. fast growing digital assets.
As the digital asset market evolves, more and more investors are exploring advanced options strategies for hedging, investing, and yield enhancement, but few market makers are able to provide insights. liquidity in these complex products. Founded this year by a team of former executives from Deutsche Bank’s blue-chip currency division, OrBit bridges that gap by bringing decades of traditional derivatives expertise to the digital asset market.
An American barrier option, also known as a One Touch, is a derivative whose payoff is conditional on the underlying asset breaking through a specific barrier level during the life of the option. Unlike their European-style counterparts, which depend only on the underlying price at expiry, American barriers require sophisticated option pricing models and numerical algorithms.
“We now offer several innovative digital asset products to institutional counterparties. Our proprietary risk systems and quantitative models can manufacture fully customized derivative products that meet the bespoke needs of our counterparties. We see exotic options as the new frontier of this evolving asset class, and we are delighted to have been able to meet the specific requirements of BlockFills in this case,” says Caroline Mauron, CEO and co-founder of OrBit.
“BlockFills works with qualified institutional clients across the spectrum of digital assets to tailor their risk profiles. The flexibility of one-touch and barrier options is a welcome tool for structuring profitable hedges,” says Perry Parker, Head of Derivatives Trading at BlockFills.
About OrBit Markets:
OrBit Markets is an institutional liquidity provider of exotic options and digital asset structured products. Founded by a strong team of trading and IT leaders, and backed by Matrixport and Brevan Howard Digital, OrBit brings expert options know-how to the crypto market. Singapore-based OrBit serves CeFi, DeFi and TradFi institutions looking for more sophisticated investment and hedging solutions in digital assets. For more information, visit www.orbitmarkets.io.
About the blockFailments:
BlockFills is a disruptive financial technology company dedicated to providing end-to-end solutions for players in the global cryptocurrency market. The company has successfully built and deployed a cutting-edge multi-asset technology platform that has solved major liquidity fragmentation issues in the market. The platform provides price discovery, price aggregation, electronic order matching, smart order routing and trade matching solutions for institutions in the digital spot, derivatives and derivatives markets. loans. Additionally, BlockFills provides software-as-a-service (SaaS) solutions designed to simplify all aspects of the business lifecycle for industry institutions.