Thomson Reuters: more and more financial companies are planning to trade cryptocurrencies

Thomson Reuters conducted a survey among 400 major financial companies that use its platforms, such as Eikon, REDI, FXall and Elektron. It was found that about 20% of respondents intend to start a cryptocurrency trading: 70% in the next 3-6 months and 22% indicated a period of 6-12 months.

Director on new initiatives in content Sam Chadwick (Sam Chadwick) reported that the results were very unexpected, as a year ago, Thomson Reuters clients are not particularly interested in cryptocurrencies, but showed great interest in the technology of the blockchain and smart contracts. However, after the rapid growth of the cryptocurrency assets in 2017, the priorities of these companies began to change.

Despite the fact that most companies still tend to cryptocurrency trading large cap stocks, there are those who «are prepared to trade anything». Some respondents even expressed interest in trade token-ICO, but most tend to of top ten cryptocurrencies: Bitcoin, Litecoin, Ethereum, Ripple, etc. fans of anonymous altcoins such as Monero and zcash for, among the participants of the survey were extremely small. Also some have said that they are ready to trade digital currencies only via ETF or similar instruments.

Despite the fact that Chadwick did not call those who have shown interest in the cryptocurrency, he noted that it is mainly managers of large asset hedge funds, as well as «some of the trading platforms of major banks».

Добавить комментарий