4th Quarter Bitcoin Trading Snapshot 

The 4th Quarter of 2015 saw robust activity on the trading desk at Genesis Global Trading, Inc. (Genesis), with the total number of transactions, the total notional value of BTC traded (USD) and the total number of BTC traded all showing sharp increases from the 3rd Quarter. 

In the 4th Quarter, we completed nearly 1,600 OTC bitcoin trades, equaling close to $50mm USD in notional value. Additionally, we traded over 125,000 bitcoin in the quarter, making it one of the most active quarters since we began trading bitcoin in September, 2013.

The increase in trading volumes can be attributed, in part, to the sharp increase in the price of bitcoin during the 4th Quarter (up ~80%). Additionally, as indicated in the below left chart, the number of our trading counterparties continues to increase, underscoring the new entrants to the market during the 4th Quarter. The second chart reflects ~$450mm USD in cumulative transaction value since our inception in September, 2013.

We welcome the opportunity to chat with you about our BTC trading service, as well as the larger digital currency landscape.

Please contact us via our website, LinkedIn, Twitter or email to schedule a call or a meeting.  

Best Regards,  

Genesis Global Trading, Inc.
 Genesis Global Trading, Inc. | 212-668-5921 | genesis@genesistrading.com