OTC Trading & Prime Brokerage Services

Wintermute provides comprehensive OTC trading and prime brokerage services for institutional clients, offering access to deep liquidity across hundreds of digital assets with bespoke execution for any size trade at any time.

Service Overview

Trading directly with the source of liquidity in digital markets, Wintermute delivers the tightest spreads with no fees or commission, backed by best-in-class algorithmic execution and rigorous risk and compliance standards. The firm serves counterparties ranging from global financial institutions to crypto-native firms, handling thousands of trades per second with excellent price execution even for large institutional orders.

Product Coverage

Spot Trading: Access to hundreds of digital assets with new tokens regularly added moments after launch. The spot trading desk maintains broad coverage across all major digital assets, providing institutional-grade execution with deep liquidity pools.

Options: Bespoke bilateral or standard exchange-cleared options for advanced hedging, risk management, and yield generation strategies. Both vanilla and exotic options structures are available, tailored to specific client needs for portfolio hedging, generating yield through covered call strategies, or taking directional views with defined risk parameters.

Forwards: Forward contracts enabling institutions to hedge both liquid and locked token positions, or gain indirect exposure to digital assets via cash-settled non-deliverable forwards (NDFs). Particularly valuable for projects with token unlock schedules or investors seeking to manage price risk on illiquid positions, with flexible delivery terms including physical or cash settlement.

CFDs: Flexible contracts for difference providing synthetic exposure to individual tokens or baskets of digital assets, designed to adapt to institutional standards. Supports both single-token CFDs and index-based products including GMCI indices, with customizable leverage ratios, flexible margin requirements, and settlement terms that meet institutional compliance needs.

Tailored Products: Fully customized derivative products including swaps, exotic options, and structured products on any underlying digital asset including long-tail altcoins or crypto indices. The structuring desk works with institutional clients to design bespoke trading strategies tailored across multiple dimensions including strike prices, expiries, settlement methods, and underlying references.

Why Choose Wintermute

As one of the largest crypto-native algorithmic trading firms, Wintermute combines deep liquidity provision with proprietary HFT technology built in-house. The firm's global 24/7/365 operations across London, New York, and Singapore ensure uninterrupted access and support, while rigorous risk and compliance standards (FCA registered, FRN: 928764) provide institutional-grade security and transparency.