The Kraken OTC will lower the trade minimum to $50,000. Provides greater access and greater transparency

Lowest minimum trade scale makes flexible transactions more flexible

OTC clients can now trade from a minimum of $50,000, allowing them to expand access to deep liquidity without compromising execution quality. Even if you are considering optimizing capital deployments or running more accurately, this update gives you the flexibility to trade in a priority size.

OTC trading is available in chat for premium, personalized services, or Quote-for-Quote (RFQ) for instant automated trading.

Chat trading allows clients to securely connect with their trading desks to see assets, lot sizes and prices while benefiting from the start-to-run white glove service.

With RFQ you can receive a viable quote in seconds without having to trade. It accepts only the quotes you want to execute. Enjoy unlimited quotes and solve them quickly. Or choose a flexible settlement to trade now and settle later.

RFQ is available on the Kraken Pro, the Kraken Pro app and Kraken Custody.

Improved trade visibility for better reporting

It’s now easier to track, adjust and report OTC transactions. New trade history updates include:

• Clearer trade ratings: The new USD value column for OTC Trade Export makes it easy to track trades from simple crypto to crypto.
• Unified Trade History: OTC and PRO trade history has been integrated for improved visibility. Export OTC transactions from the Documents area in Pro Settings or from the OTC Portal Trade History.
• Strengthening fund tracking: The new “fund source” and “destination” views show how the funds were generated and where the revenues were sent; Internal forwarding, On-chain or Wire.

With Kraken OTC, you can access deep liquidity for tougher spreads on transactions over $50,000. Are you not a Kraken OTC client yet? Private clients can inquire here, and retailers can inquire here.