Crypto market maker Wintermute has introduced over-the-counter (OTC) trading of WTI crude oil contracts for difference (CFDs) through its derivatives division, Wintermute Asia. This new offering allows traders to use fiat or crypto as collateral and engage in 24/7 trading via chat, an electronic OTC platform, or an API. Unlike traditional perpetual contracts, these CFDs provide professional traders and institutions with the flexibility to tailor strategies to specific risk-reward objectives. Wintermute acts as the counterparty, assuming market risk, and continues to diversify its product line beyond digital assets, following its previous launch of tokenized gold products.Source:Show OriginalDisclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
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