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High frequency crypto traders could get the same perks as equity traders, but without the drawbacks
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Quick Take
- High-speed crypto traders want colocation and fat rebates
- The practices, which have been long debated in U.S. equities, don’t have the same drawbacks in crypto
Wall Street traders are a needy bunch. They want liquidity, robust platforms to trade on, and of course those ubiquitous gray vests with which they can flaunt their respective firms. In some cases, however, traders want even more than that, according to Kraken chief executive officer Jesse Powell. In an interview with The Block, Powell […]
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