Start Outsourcing today with the Trade.io OTC Trading Desk

OTC trades which in full terms means Over-the-counter trading. In simpler terms, this refers to the trades that take place outside exchanges (off-exchange trading). It is the type of trade that is carried out by two parties, without the inclusion or supervision of an exchange or other third-parties. It is the direct opposite of exchange trading, where we have standard rules and prices. In the case of OTC trades, there are no fixed rules or standard rules to oversee the process involved. source

In the actual sense, OTC trades are quite time-consuming and not necessarily reducing cost. In fact, sometimes, more cost is incurred while trying to set trading agreements or contracts just for both parties involved to reach a common ground. The process could range from a couple of days to several months. Since a lot of legalities will also be involved in setting up OTC’s. However, the case with centralized exchanges gives room for more transparency and less time-consuming. No legalities are to be worried about since the exchange has already set their standard for all to fit into. The question now is, why then do people still choose OTC trading?

Basically, OTC trades can be highly flexible; it is possible to set up your own standards while your counterparty is doing the same. You can also go as far as specifying what you want in the trade. You can also set specific conditions for exiting the trade based on your personal preferences. Prices can also be negotiated in a more flexible manner in the case of OTC’s.

OTC’s also does not necessarily require one to open an account with an exchange but instead, it would only require meeting with the other party under a given contract or agreement. This makes OTC trades highly confidential and safe to use while executing large volume transactions without drawing too much attention.

Most exchanges don’t engage in OTC trades, but I feel that in a market that continuously poses a threat of low liquidity there’s a great need for exchanges to outsource and assist their clients in doing the same. This is one great advantage traders can enjoy on trade.io; enjoying the benefits of an OTC trade while having a team of professional watch their backs.

The trade.io OTC trading assistance ensures that no single partly bears any loss. This service is readily made available to both large volume and small volume traders. Trade.io will be setting up frequent meetings for both parties until the transaction is finalized. Calls and meetings will hold regularly on platforms like;

• Skype
• Telegram
• E-mail
• Phone

Once you become a client of trade.io, they will start sending live updates on current market conditions and the price of the asset that you would like to trade using OTC trade. Market quotes will also be sent to you from trade.io regularly. Trade.io will basically be doing the most part of the transaction without compromising the essence of you having an OTC trading experience.

The trade.io team are also experts when it comes to risk management while trading across various assets. The good thing here is that you as a trader can leverage on the experience of these experts on the trade.io team which creates an environment of safety for the execution of trades with your counterparty. Their OTC desk also creates the room for clients to do the following;

• Reduce the effect of a market that utilizes multiple venues.
• Controlling the method and timeframe of trade execution; this is based on the need of the client and the current market conditions.
• A regular update on current market conditions, liquidity updates that shows the various technical analysis details.
• Maintain the confidentiality of the client’s identity on every transaction.

Trade.io also has a well-established network of buyers and sellers with a high stake of various cryptocurrencies to ensure that no one is kept waiting. The large volume of currencies available with this network of buyers and seller is what enhances transaction speed and reduces transaction risks.

You can start outsourcing today with the Trade.io OTC Trading desk. That will be all for now on the amazing OTC Trading desk of trade.io. I hope you find this interesting. You can contact the trade.io OTC desk on [email protected] for more inquiries. This is Bait and I’m bringing you words from the Offline Minnow School.