OTC & Liquidity
How large Bitcoin orders are priced, executed and settled without moving the market.
Best execution for corporate Bitcoin trades
Best execution for corporate Bitcoin trades: the factors beyond price, how to write a simple execution policy and how to evidence results to a board.
Read →24/7 Bitcoin markets and treasury operations
24/7 Bitcoin markets and treasury operations: how to handle weekend price moves, out-of-hours approvals, valuation cut-offs and staffing without strain.
Read →What is a Bitcoin block trade?
A Bitcoin block trade is a large, privately negotiated transaction at one agreed price. How block trades are priced, settled and governed by companies.
Read →How to run a Bitcoin liquidity provider RFP
How to run a Bitcoin liquidity provider RFP: the process, a weighted scoring model and a ready-to-use list of questions to send to shortlisted desks.
Read →Reading Bitcoin market depth and the order book
Bitcoin market depth explained: how to read an order book, estimate the cost of walking it, and why displayed depth overstates what a large order can use.
Read →Bitcoin settlement windows and cut-off times
Bitcoin settlement windows explained: how bank cut-off times, time zones, weekends and on-chain confirmations decide when a corporate trade completes.
Read →How to choose a Bitcoin liquidity provider
How to choose a Bitcoin liquidity provider: the due diligence questions on regulation, pricing, settlement, custody and reporting to ask first.
Read →What a Bitcoin execution report should contain
A Bitcoin execution report shows what was traded, when, at what price and against which benchmark. The fields a CFO should require, with a sample layout.
Read →What is institutional Bitcoin liquidity?
Institutional Bitcoin liquidity is the ability to buy or sell large size quickly at a fair price. Where it comes from, how to measure it, how to reach it.
Read →OTC vs exchange: executing large Bitcoin orders
OTC Bitcoin trading vs exchange execution for large corporate orders: price certainty, market impact, settlement risk and when to use each route.
Read →Pre-funding vs delivery versus payment in Bitcoin trades
Pre-funding vs delivery versus payment in Bitcoin trades: who carries the risk, what DvP needs in practice and how to move a desk relationship towards it.
Read →Principal vs agency OTC execution for Bitcoin
Principal vs agency OTC execution for Bitcoin: who takes the market risk, how each is priced, where conflicts arise and which suits a corporate order.
Read →How request-for-quote (RFQ) pricing works for Bitcoin
Bitcoin RFQ pricing explained: how a request-for-quote works, what drives the spread, how long quotes last and how to run a fair competitive process.
Read →Selling a large Bitcoin position without moving the market
Selling a large Bitcoin position: how to plan the sale, protect information, choose an execution route and manage custody, settlement and disclosure.
Read →Slippage and market impact in Bitcoin trading
Slippage and market impact are hidden costs of large Bitcoin trades. How they arise, how to measure them and how institutional buyers keep them down.
Read →The role of stablecoins in Bitcoin settlement
Stablecoins in Bitcoin settlement: how dollar-pegged tokens act as the cash leg, what they solve, the issuer and peg risks, and the controls to set.
Read →TWAP and VWAP execution for large Bitcoin orders
TWAP and VWAP execution let companies buy or sell large Bitcoin orders gradually. How each works, when to use it and how to judge the result.
Read →What is a Bitcoin OTC desk?
A Bitcoin OTC desk prices and settles large trades privately, off the public order book. How it works, how it is priced and what a CFO should check.
Read →Talk to our desk.
Every engagement starts with a short call about your company, order size, timeline and custody.