Flowdesk, a leading liquidity provider and OTC trading firm, has expanded its over-the-counter (OTC) derivatives desk to include crypto options. The new product offering will make it easier for token foundations, hedge funds, family offices, and other institutional players to participate in digital asset hedging, yield generation, and speculative strategies. 

Flowdesk's suite of options products and treasury solutions is a strategic move that continues positioning the firm as a one-stop shop for digital asset trading services. The expanded derivatives desk builds on Flowdesk's established expertise in crypto liquidity provision and OTC trading, utilizing the team’s existing proprietary trading infrastructure and algorithmic trading services.

Flowdesk has experienced strong demand for derivatives products, both in the OTC segment of our business and through our liquidity provision services, said Reed Werbitt, Chief Executive Officer of US Markets. Expanding into crypto options and treasury management solutions is a natural progression that enhances our suite of derivatives offerings.

Flowdesk has hired Simon Nursey as Head of Derivatives to lead this new initiative.

Before joining Flowdesk, Simon served as Head of Derivatives at QCP Capital, where he built the options trading desk from the ground up. Before QCP, he was Global Head of FX Options at BNP Paribas and Standard Chartered, where amongst other things he pioneered FX structured products trading. As a proponent of improving trading education and standards, Simon was co-founder of derivatives association CORA and is currently an adjunct lecturer at the National University of Singapore, where he teaches a graduate-level course on applied trading. He has a degree in Computer Science from Cambridge University.

The future of crypto derivatives is huge and the senior management team at Flowdesk have the vision to see that, said Nursey. I’m so excited to be working with such a talented team to help customers to safeguard and grow their crypto portfolios.

Backed by proprietary trading infrastructure, Flowdesk ensures seamless connectivity to over 140 centralized and decentralized exchanges, operating 24/7/365 through its global offices in the U.S., Canada, France, the U.K., and Singapore.