According to Odaily Planet Daily, cryptocurrency market maker Wintermute announced that its crypto CFD product is now available on the electronic over-the-counter trading platform Wintermute NODE. Since its launch in February this year, Wintermute's crypto CFD trading volume has increased 19 times between March and August.
The company also took the lead in launching GMCI Index CFD trading on the OTC desk. Wintermute CEO Evgeny Gaevoy said the company believes that the adoption and market expansion of crypto derivatives will go beyond the traditional financial sector.
The new feature supports the use of nearly any fiat or crypto asset as margin for derivatives trading, including cryptocurrencies, fiat currencies, and liquidity collateral tokens.