The digital asset derivatives trading arm of Wintermute has made its Crypto CFD offering available for trading on its electronic OTC trading platform, Wintermute NODE.
The move comes as Wintermute’s crypto CFD trading volume has surged 19-fold from March to August this year following the launch of Crypto CFD products in February.
Wintermute has also expanded its OTC derivatives offering with the introduction of GMCI index trading for Contracts for Differences (CFDs), becoming the first OTC desk to offer this capability.
CFD trading is now available directly through NODE, as well as through Wintermute’s FIX API or via chat. The update also features a redesigned NODE interface and supports the use of nearly any fiat or crypto asset as collateral for margin in derivatives trading.
Wintermute launched Crypto CFD amid demand for OTC-cleared derivatives
Since the product’s launch in February, Wintermute’s crypto CFD trading volume has grown 19-fold between March and August, highlighting significant growth. In response to strong market demand for OTC-cleared derivatives, CFD trading is now directly accessible via Wintermute NODE, with multicurrency collateral support introduced earlier this summer. Wintermute counterparties can now easily access CFD OTC trading on NODE and use a broad range of assets—including cryptocurrencies, fiat currencies, and Liquid Staking Tokens—as collateral for margin in derivatives trading.
Wintermute has also added GMCI index trading for CFDs, offering counterparties a simplified, diversified way to gain market exposure to digital assets. Index trading allows investors to capture broad market trends by focusing on entire sectors, providing a diversified portfolio and reducing the risks of individual asset volatility. With GMCI indices as the basis for CFDs, traders can leverage exposure to the market and react quickly to movements without owning the underlying assets. The first available GMCI indices include GMCI 30, GMCI MEME, GMCI AI, GMCI L1, and GMCI L2, with additional indices available upon request.
“We are particularly focused on enhancing our derivatives suite, with a strong emphasis on CFD”
Evgeny Gaevoy, CEO of Wintermute, said: “While crypto derivatives are still in the early stages of growth, we believe their adoption and market expansion will surpass anything seen in traditional finance. At Wintermute, our goal is to meet this demand by providing our counterparties with best-in-class trading tools and the most comprehensive OTC offering. This year, we are particularly focused on enhancing our derivatives suite, with a strong emphasis on CFDs.
“Adding CFD support and enabling CFD index trading on our electronic OTC trading platform, NODE, is a natural progression following our earlier updates this year. It allows us to serve a broader range of counterparties, whether they seek quick, hassle-free access without the need for integration, or want to complement their existing trading via API or chat”.
Wintermute offers a complete and flexible crypto CFD offering that features flexible funding schedules, a wide selection of collateral options, and an extensive range of CFD pairs.
The digital asset derivatives trading arm of Wintermute Group boasts a growing suite of derivative instruments including options, forwards, NDFs, CFDs, and tailored products, all available in a wide range of tokens. The firm claims to be able to structure almost any trade to address different use cases, trading strategies, and market conditions.
