“Looking for Liquidity”
“OnTheBlock: Looking for Liquidity” takes place on Tuesday, December 4th, at the Princeton Club of New York, featuring an opening interview with Daniel Gorfine, Chief Innovation Officer, Lab CFTC. The afternoon event, which is open to buy side/institutional investors is sponsored by Genesis Global Trading.
OnTheBlock is an exclusive series of Cryptoasset and Blockchain-focused events for institutional investors hosted by Profit & Loss. This seriesof intimate, invitation-only events for buy side attendees (max of 50 attendees) is designed to discuss the opportunities in cryptocurrencies and blockchain technologies for institutional investors and traders.
Tuesday, December 4, 2018
The Princeton Club of New York
Sponsored by Genesis Global Trading
4:30-4:45pm – Registration
4:45-5:15pm – Fireside Chat with Daniel Gorfine, LabCFTC
5:15-6:00pm – Panel Discussion
6:00-6:30pm – Audience Q&A
6:30-7:30pm – Networking Reception
In the past year, cryptocurrency trading volumes have exploded, with the market capitalization of bitcoin alone increasing roughly 382% from May 2017.
Yet despite the astronomical growth of crypto markets, the overall market cap of all these assets combined is $382 billion. This is still relatively small compared to the types of markets that institutional investors are typically used to trading – for comparison, the daily notional volume of FX trading was estimated at $5.1 trillion by the Bank for International Settlements (BIS) in its 2016 triennial survey.
In addition, there are big questions about where and how institutional investors should access this liquidity. For example, with so many providers now claiming to offer an “institutional grade” service, how should firms differentiate between them? Will consolidation amongst trading venues occur and what will the future liquidity environment look like in the crypto space?
This panel will also discuss:
- What cryptoassets are derivatives exchanges likely to launch next, and how will this impact the wider market?
- What are the continuing operational challenges for institutional market participants wanting to trade on crypto exchanges?
- Is the OTC market too opaque for institutional investors?
- How will regulatory concerns and developments drive the liquidity landscape going forward?
Seating is limited, please request an invitation by emailing firstname.lastname@example.org