The digital assets prime broker Bequant has enhanced its prime services to include a new suite of options available to institutional clients.
The new launch comes after the launch of Bequant PRO, a prime brokerage platform, in May this year.
As part of the enhanced services, Bequant has partnered with exchanges including Deribit, Binance, and Huobi to give traders a variety of options for trading derivatives contracts, offered through its prime brokerage service.
In addition, it has expanded its over-the-counter order book enabling institutions to execute large trades with post-trade settlement.
Another new resource includes the introduction of separately managed accounts, enabling portfolio managers to manage assets for sophisticated investors in customized buckets that are separate from larger funds or strategies.
Bequant’s CEO George Zarya commented: “This expanded product offering is the natural evolution of our business line and puts Bequant in pole position among the organisations vying for business in the highly competitive institutional asset management market.”
Alex Mascioli, head of institutional services at Bequant, added: “Separately managed accounts have long been a hallmark of traditional asset management businesses. Adding this option to our industry leading prime brokerage offering comes as a result of client demand and is a key part of our business heading into the coming year.”
