What Is the Primary Role of an OTC Desk in Facilitating Institutional Crypto Block Trades?
The primary role of an OTC desk is to act as a principal or agent to execute large crypto trades away from public order books. This minimizes market impact and slippage, which is crucial for institutional investors.
They source liquidity, offer competitive pricing, and provide settlement services, ensuring discretion and often offering credit and specialized derivative products tailored to the institution's needs.