Bequant its prime brokerage platform, BEQUANT PRO. The provider of cryptocurrency and digital asset services for professional traders and institutions has now made available the new service in order to market a breadth of services that previously were unavailable in a one-stop-shop solution.
Prior to the launch, the platform was available in an extensive beta period that incorporated feedback from hedge funds, family offices, and other asset managers; financial firms, over-the-counter (OTC) desks, exchanges, and other market participants.
George Zarya, CEO at BEQUANT, said: “As digital assets emerge further into the investing world’s consciousness, it has become apparent that institutional-grade solutions are needed to solve the pain points of a fragmented marketplace. BEQUANT PRO is the cure for what ails sophisticated investors in this space.”
The prime brokerage service enables traders to use less margin while having access to deeper pools of liquidity at lower transaction costs. It also solves a number of pain points that have long held back institutional adoption of digital assets.
Bequant PRO features multi-exchange direct market access, custody, collateral management tools, leveraged trade execution, OTC block trading, risk management, smart order routing, integration of third-party solutions, and institutional-grade support.
Built with risk management in mind, the prime brokerage simplifies complex tasks like margin and trading across multiple venues: seven major digital asset exchanges including Binance, Huobi, and OKex; and numerous OTC desks around the world through a unified, intuitive dashboard. The firm also allows traders to use their own portfolio management solutions through an API.
Alex Mascioli, head of institutional services at BEQUANT, said: “Traders have long complained about the cost and difficulty of having to manage risk and compliance across several accounts at the same time. BEQUANT Pro solves for this by providing the same level of service, reliability, and cost reduction that has been in traditional markets for decades.”
In addition to the new prime brokerage service, Bequant PRO, the firm boasts several other products, including BEQUANT Exchange, custody solution SAFEQUANT, and fund administrator QUANTREQ.
Bequant has recently expanded its partnership with Beeks Financial Cloud, the UK-based low latency provider for institutional capital markets, by adding its prime brokerage services as a destination trading venue. Beeks already hosts BEQUANT’s matching engine within its dedicated network, guaranteeing consistent speed of access for all participants.