NEW YORK & CHICAGO, Nov 14 (Bernama) — Tassat, a global provider of financial technologies and products for traditional and digital asset markets and Blockfills, a global leader in digital asset electronic market making, trading and prime brokerage, are partnering to introduce an institutional Trade at Settlement (TAS) product for spot Bitcoin (XBT/USD).
This product, which is expected to be available for trading in mid-December, enables institutions to submit block orders in Bitcoin at defined price spreads from the mid-market, at three specific times during each day: 15:00 Hong Kong Time, 15:00 Central European Time (Paris) and 15:30 Central Standard Time (Chicago).
