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

Published 1 minute earlier on

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 [email protected]

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

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

About Author

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.