This custody and banking relationship will help traders by closely aligning their crypto custody and margin payments at SEBA Bank with their Futures account at ED&F Man Capital Markets.
Clients, both within the cryptocurrency space and traditional macro institutions, will be able to cover both sides of the trade – ED&F Man Capital Markets, a FCM in this asset class is able to access the regulated exchanges while SEBA Bank will hold the ‘physical’ asset to fulfil the cash leg of the trades. The collaboration will help clients to use their cryptocurrency holdings when accessing the futures markets, improving the terms of the basis trade funding.
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