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FTX.US, the U.S. subsidiary of global cryptocurrency exchange FTX is currently seeking to offer brokerage services for its derivatives offerings. This would allow the crypto exchange to handle the collateral and margin requirements internally rather than depending on “futures commission merchants” (FCMs).
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FTX.US president Brett Harrison said: “We have multiple FCMs already committed to integrating technologically with the exchange. There are several large ones you can probably name.”
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