SEBA Bank and ED&F Man Capital Markets want to provide traders with “huge” advantages, as was reported in a press release from the Zug-based SEBA Bank. The collaboration between the two companies will offer a custody and margin payment solution to traders.
This will enable clients both within the cryptocurrency space and traditional macro institutions to cover both sides of the trade. ED&F Man Capital Markets is able to access the regulated exchanges, while SEBA Bank will fulfil the cash leg of the trades. The Zug-based bank is enabling clients to use their cryptocurrency holdings more efficiently.
According to Guido Bühler, CEO of SEBA Bank, they will enjoy the winning combination of both monetary and time saving benefits. This is two industry leaders joining forces to create a truly compelling market proposition in the highly dynamic cryptocurrency asset class.
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