A trading shop you've never heard is trying to overhaul crypto's market structure to lower fees

Quick Take

Crossover Markets CEO Brandon Mulvihill explains how his trading firm attempts to compress crypto trading fees.

Episode 18 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro and Crossover Markets co-founder and CEO Brandon Mulvihill.

Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to podcast@theblock.co

Brandon Mulvihill is the co-founder and CEO of Crossover Markets.

In this episode of The Scoop, Mulvihill discusses crypto's changing market structure and the role of Crossover as an execution-only trading venue.

OUTLINE
00:00 Introduction and Background
01:07 The Role of Crossover in the Market
04:04 FX & Crypto Trading Similarities
08:22 ECN vs. CLOB Differences
18:30 The Importance of Fee Compression
22:33 Crypto Flash Crashes
26:15 Crypto Market Structure Maturity
29:27 Institutional Credit
34:02 Closing Thoughts

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