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.
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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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