Crypto Trading Firm FalconX Debuts Risk Management Platform for Institutional Clients

FalconX is launching a risk management platform for institutional clients in order to offer cross-margin capabilities and broader liquidity access.

Dubbed FalconX 360, the platform’s goal is to combine liquidity, visibility and risk management.

Fragmentation across crypto trading platforms and exchanges creates challenges for clients who cannot get a unified look at their assets and liabilities, Samir Ghosh, FalconX’s head of product, told CoinDesk.

FalconX 360 gives clients “turnkey access to 94% of global spot and derivatives liquidity through one account and one platform,” Ghosh said.

Additional components of the new platform include access pricing from over 70 liquidity venues with built-in smart order routing, treasury management, risk management and operations. Additionally, FalconX’s said its new "Orderbook" module allows investors to trade directly with FalconX, while "simultaneously benefiting from the best prices across global liquidity venues," according to a statement.

In June, FalconX raised $150 million in a Series D financing round at an $8 billion valuation. The raise followed FalconX’s registration as a U.S. swap dealer, which gives FalconX the chance to join the ranks of major Wall Street banks including Goldman Sachs in offering the ability for customers to trade derivatives.

Read more: FalconX Tests Waters as First Full-Fledged Crypto Derivatives Dealer