Buying a hundred dollars of bitcoin is easy. Trading millions every day with the security, liquidity and controls an institution needs is not. This guide breaks down the four building blocks every buy side and sell side firm needs to get there, plus the setup that holds up as you grow.
Why download
- Understand the four building blocks of an institutional trading operation: custody, liquidity, technology and operating model
- Compare four ways to enter the market, from a one-stop shop to a full in-house build, with the pros and cons of each
- See what trading really costs, from 0.5 to 20 bps brokerage fees for institutions versus 50 to 300 bps on the retail side
- Learn how to manage the risks that stall institutional adoption, including key management, fragmented liquidity and counterparty exposure
• Get practical best practice checklists for both buy side and sell side teams