FalconX Launches 24/7 Crypto Options Trading
FalconX, a digital-asset brokerage for institutions, has introduced a new crypto options product. The Electronic Options platform is now live.
The platform supports Bitcoin,Ethereum,Solana,and Hyperliquid. It aims to provide institutional investors with 24/7 access to over-the-counter options trading. this move comes as the crypto options market gains traction, driven by hedging, managed leverage, and volatility trading.
According to FalconX, the Electronic Options platform leverages electronic execution’s speed and scalability. This allows for round-the-clock crypto options strategies. The solution targets an OTC market that offers institutional-grade liquidity and access to top cryptocurrencies.
Initially, the platform supports bitcoin, Ethereum, Solana, and Hyperliquid. Though, FalconX plans to expand the offering to more altcoins in the future. The company aims to address the longstanding challenges of fragmented liquidity and lack of round-the-clock access. With FalconX Electronic Options, clients can execute crypto options strategies at any time, with the same execution quality as their OTC desk.
The crypto options market has seen growing demand, with volumes on platforms like Deribit climbing to over $850 billion year to date. Most of the traction for crypto options has come from market makers, hedge funds, venture capital funds, and crypto mining firms.
Josh Lim, global co-head of markets at FalconX, said, “The options market is the next major frontier in institutional crypto. We built this platform to address the longstanding challenges of fragmented liquidity and lack of round-the-clock access.”
