GCEX has introduced over-the-counter (OTC) options on Bitcoin and Ether for professional and institutional clients through its UK entity. These European-style options, which include calls and puts, expire monthly and settle in fiat currency. The move provides a regulated way for institutional investors to hedge crypto positions, complying with the UK's FCA restrictions on selling crypto derivatives to retail consumers. GCEX hedges each trade via liquidity providers, with buyers risking only the premium paid and sellers potentially facing higher losses.
GCEX's launch of OTC Bitcoin and Ether options for institutional clients is presented here with a snapshot of Pluang's cryptocurrency market as of Oct 23, 2026 02:02 WIB. Out of 50 major cryptocurrencies priced on Pluang, only 4 rose while 45 fell. Notably, AVAX dropped 7.55% to Rp164.557 with a typical hold time of 87 days and a buy-heavy order activity at 73%, contrasting with CRV which fell 7.47% to Rp6.568 and saw a dominant 91% sell order activity, and ALGO which declined 7.33% to Rp1.921 with 80% buy orders and the longest hold time of 130 days among the three.
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