A partnership has been announced between FalconX, a prime broker specializing in digital assets, and Marex, a global financial services platform, to provide clients with enhanced access to digital asset derivatives across various trading venues. This collaboration specifically targets select non-U.S. clients, enabling them to utilize efficient cross-margining for digital asset derivatives, including instruments traded on both traditional exchanges like the CME (Chicago Mercantile Exchange) and digital-native platforms.
This initiative responds to the growing institutional interest in trading derivatives within liquid markets and is designed to streamline the clearing and execution processes for futures and options (F&Os). By enabling cross-margining, clients can optimize their capital usage across different exchanges, enhancing liquidity and capital efficiency.
Key figures from both organizations expressed optimism regarding this partnership. The General Manager for APAC and the Middle East at FalconX stated that this collaboration expands the offerings in digital asset derivatives, positioning the firm to better serve large institutional clients looking for trading and financing solutions. The relationship with Marex is expected to enable access to a broader range of liquidity pools, enhancing the trading experience for clients.
Similarly, the Global Head of Futures and OTC Clearing Sales at Marex articulated that this partnership represents a commitment to enhancing value-added trading services, providing margin relief, and facilitating broad market access for digital asset derivatives. The collaboration promises to deliver sophisticated trading and financing solutions that cater to the evolving needs of institutional clients while also enabling the acquisition of new clients through FalconX’s network.
Overall, this partnership aims to address the increasing demand from institutions seeking effective avenues to engage with digital assets and derivatives, ensuring that clients benefit from improved market access and capital efficiency through advanced cross-margining strategies.