Straits Financial LLC Partners With DrawBridge to Offer Crypto Lending Program to Professional Traders
CHICAGO, September 1, 2020 (Newswire.com) - Straits Financial LLC (Straits) has partnered with lending provider DrawBridge Lending to offer a crypto lending program for the professional futures trader and crypto currency investor. Through Equity Trust Company and Gemini Exchange as crypto custodians, loans arranged against the crypto holdings can be used to fund your Straits Financial futures trading account.
This new offering allows for clients to trade futures and options contracts without having to liquidate their crypto holdings. By working together with these partners Straits is able to offer a very competitive program that can help traders build a diversified portfolio for hedging or speculating using the assets they already have.
“This new partnership is another example of how Straits is continuing to expand our offerings and stay at the forefront of working with traders and investors on one of the most progressive and exciting market advancements we’ve seen in years,” said Steve Petillo, Director of IB Services.
For more information or to get started clients can contact Steve Petillo via email at email@example.com or by phone at 312-846-5610
About Straits Financial Group
Headquartered in Singapore, Straits Financial Group offers a broad spectrum of derivatives & OTC products, including trade facilitation for physical commodities. Established offices include Chicago, New Jersey, New York, Shanghai, and Jakarta. Straits Financial LLC is a full clearing member of the Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), the Commodity Exchange (COMEX), CME ClearPort, Dubai Mercantile Exchange (DME), CBOE Futures Exchange (CFE), and offers clearing access to all major global commodity exchanges. For more information, visit www.straitsfinancial.com.
DISCLAIMER: This document is issued for information purposes only. This document is not intended, and should not under any circumstances be construed as an offer or solicitation to buy or sell, nor as financial advice or a recommendation in relation to any capital market product. All the information contained herein is based on publicly available information and has been obtained from sources that Straits Financial believes to be reliable and correct at the time of publishing this document. Cryptocurrencies are a high risk investment and may not be suitable for all members of the public and all types of investors. Before investing in or depositing cryptocurrency with Straits or Straits’ business partners, you must ensure that the nature, complexity and risks inherent in cryptocurrency are suitable for your objectives in light of your circumstances and financial position. You should not purchase or hold cryptocurrency unless you understand the extent of your exposure to potential loss. Trading commodity futures and options products presents a high degree of risk, and may not be suitable for all investors. Past performance or historical record of futures contracts, derivatives contracts, and commodities is not indicative of future performance. The information in this document is subject to change without notice.
Source: Straits Financial LLC