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Do most exchanges also run OTC desks or is the OTC desk generally a special type of exchange?
by bogomipz 4y ago
Do most exchanges also run OTC desks or is the OTC desk generally a special type of exchange?
- bitcharmer 4y agoNot exchanges. The reason is that, as GP indicated - oftentimes execution is spread across venues. This is typically a role of a dedicated broker house or there is a special area in many investment banks that takes care of that as part of customer flow handling.
- smabie 4y agoUsually OTC desks are seperate and are part of a prop trading firm.
- argonaut 4y agoIt can be a service offered by an exchange or by another company. Coinbase and Binance have OTC desks, for example.