Several of Wall Street’s biggest trading companies have unveiled plans to stake out territory in cryptocurrency markets, opening a new front in their battle to win lucrative business from institutional investors.
Jump Trading, GTS and Jane Street, among the largest players in the US equity market, are stepping up their trading in digital assets after years of secrecy surrounding their early forays into these markets.
They are some of the most competitive trading companies that fight for every trade on global equity, currency and futures markets. Now they are planning a land grab as the bridge between the crypto world and asset managers keen to trade the fast-growing market.
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