Susquehanna International Group, also known as SIG, is holding the head in a large group of institutions that allow their clients to buy and sell Bitcoin. They’re based in Bala Cynwyd, Pennsylvania and they use quantitive research and technology developed in-house.
They’re a giant in the financial industry and they’ve provided exchanges for nearly everything- commodity, energy, ETFs, index, future, options, and equity markets. They want to expand their crytpo base next. Their move into crytpo comes with many other companies as well that are beginning to flood into the space of cryptocurrencies to grow their business. Goldman Sachs is one of them.
The company will launch crypto tradition to just 500 clients at first but then expand to others. They’ve built up large volumes of Bitcoins and altcoins in private deals over the past two years. They’ll also allow Bitcoin Cash and Ethereum trading also.
They’re popular for using game theory in their strategies. They literally use a bunch of games like chess, Dominion, and even popular card games like Magic to create these strategies. This fits with the demographic of gamers, as gamers invest in Bitcoin and other altcoins.
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