Wintermute, a leading algorithmic trading company and liquidity provider in digital assets, has announced the expansion of its contract for difference (CFD) offering with the introduction of multi-currency collateral support. This initiative aims to improve capital efficiency and flexibility in the derivatives trading market, the report said Wintermute.
Innovative support for multi-currency collateral
Wintermute’s new multi-currency collateral support allows counterparties to post any cryptocurrency or fiat as margin collateral, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USD Coin (USDC), Tether (USDT), Euro ( EUR), British Pound (GBP) and US Dollar (USD). This mechanism unlocks the full potential of crypto assets, allowing counterparties to maximize their capital use without having to liquidate assets or convert them to fiat, which is often the only accepted type of collateral at other OTC desks.
By using various tokens as collateral, counterparties can ensure their assets continually generate value on multiple fronts, significantly improving trading efficiency. It also eliminates the need for additional currency (FX) conversions and entry/exit fees, delivering a more capital-efficient trading experience. In addition, counterparties will gain greater control over their assets, allowing them to independently decide whether to reduce or maintain exposure to crypto assets when posting collateral.
Improved trading efficiency and flexibility
Evgeny Gaevoy, CEO and co-founder of Wintermute Group, commented on the development: “The maturation of the sector and market momentum have created new opportunities for advanced trading strategies that optimize capital use. Wintermute is committed to delivering cutting-edge derivatives trading solutions, and with this latest update, we are enabling counterparties to get the most out of their crypto assets. For example, you can stake your ETH for returns, earn rewards, and use the staked ETH as collateral for trading. This way, while your ETH is earning returns, you can still use it for trading, making your assets work for you on multiple fronts.”
Expansion of the range of CFD pairs
In addition to supporting multi-currency collateral, Wintermute has significantly expanded its offering of CFD pairs, now offering more than 350 new pairs to trade. This expansion represents the highest coverage in the market and is designed to meet the demand for flexible and efficient trading products, meeting the changing needs of the market.
Wintermute Asia, the digital asset derivatives trading arm of Wintermute Group, aims to provide the most comprehensive OTC derivatives offering in the space. Leveraging its domain expertise from traditional markets and extensive access to diverse liquidity pools, Wintermute Asia’s growing range of derivative instruments includes options, forwards, non-deliverable forwards (NDFs), CFDs and bespoke products, all available in a wide range of tokens. Through a tailored approach, Wintermute Asia can structure virtually any transaction to address different use cases, trading strategies and market conditions, promoting market access for investors from both traditional and digital asset finance.
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