Binance Jersey Ties with Caspian to Revamp Institutional Services

Binance Jersey, the European subsidiary of Binance, has partnered with crypto investment service Caspian to bolster services to each others’ institutional client base.

The tie between the company will facilitate advanced security to the institutional investors and easier access to the trading market. Both the companies are anticipating higher trade volume and better engagement with the trading community.

Commenting on the partnership, Chris Jenkins, managing director of Caspian, said: “I am delighted for us to partner with Binance Jersey, a substantial step forward in helping move the wide adoption of cryptocurrency trading forward for the institutional market in Europe.”

Offering single window access to the crypto market

Caspian’s platform is targeted towards high-volume investment managers and traders and is offering services like order and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term management system (OEMS), portfolio management system (PMS), and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term system (RMS).

It offers single window access to major digital currency exchanges with services including pairs trading and smart order routing, integrated compliance engine, real-time and historical P&L, and exposure tracking.

“As increasing numbers of institutions engage in this emerging sector, there is an increasing need for a reliable fiat-to-crypto exchange. With access to the Binance Jersey exchange, our clients will now be able to trade new pairs faster and more efficiently than ever before,” Jenkins added.

Earlier this year, Caspian integrated Deribit to offer options and futures trading services in crypto.

Launched in January, Binance is targeting the European markets with its crypto-to-fiat exchange Binance Jersey. It facilitates trade with two fiats - British pound and euro.

“We are delighted to have joined forces with Caspian, and the integration into their order and execution management system will significantly improve day-to-day trading facilities,” Jon Day, CEO of Binance Jersey, added. “Our clients can now benefit from faster order execution and additional features including a larger suite of customizable market data and parent-and-child order slicing, to name but a few.”