Crypto in press [2018-06-06] - Susquehanna opens crypto trading desk

US financial company Susquehanna International Group announced it will offer Bitcoin trading to 500 clients following two years of offering the cryptocurrency in “private deals,” the New York Times reports.

CRYPTO ASSETS WILL ‘CHANGE FINANCIAL SERVICES’

Susquehanna International Group, an international trader which has headquarters in Pennsylvania and operates around the world, will move to offer Bitcoin futures and other products, continuing a trend involving an increasing number of major finance players.

“We believe that this technology and this asset class is going to change some facet of financial services, and we think it is going to exist forever,” head of Susquehanna’s digital asset group Bart Smith revealed.

From futures, the company will thereafter to allowing buying and selling of both Bitcoin and Ethereum, along with “a few other” cryptocurrencies including Bitcoin Cash, the Times adds.

The company already trades “millions of dollars” in Bitcoin using a team of a dozen traders, having expanded from just one trader in 2014.

Read more on: http://bitcoinist.com/susquehanna-opens-crypto-trading-desk/