Covario AG leverages ED&F Man Capital Markets as gateway to CME and related services

Covario AG announces partnership with ED&F Man Capital Markets.

For Immediate Release

Switzerland, August 2021 — Covario AG has onboarded ED&F Man Capital Markets to its extensive list of partners to now provide clients with access to the CME (Chicago Mercantile Exchange) and related services.

ED&F Man Capital Markets is a crypto-friendly global financial brokerage with wide-reaching access to global exchanges and a long-running history of facilitating secure transactions. The CME is one of the highly regulated digital asset venues that ED&F provides access to, which has become increasingly in demand across global investors and regulators.

Through this partnership, Covario’s clients will be able to gain access to ED&F Man Capital Markets’ array of services in handling CME-regulated options and futures.

Brooks Dudley, Global Head of Digital Assets at ED&F Man Capital Markets, commented on the announcement: “ED&F Man Capital Markets looks forward to complementing Covario’s existing custody and spot crypto trading business by supporting regulated bitcoin derivatives which clients can use for hedging, speculation or arbitrage opportunities.”

Mark Banner, Founder and CEO of Covario, added: “ED&F Man Capital Markets will equip Covario with access to a very liquid and highly regulated market, which we know institutional investors and regulators all over the world will increasingly start to, and have already started to demand. With our shared focus on providing secure, scalable, reliable and compliant transactions, Covario looks forward to partnering with ED&F Man Capital Markets, broadening our capabilities with the interest of our investors at the forefront.”

About ED&F Man Capital Markets

ED&F Man Capital Markets is a global financial brokerage business and the financial services division of ED&F Man. It operates at the heart of the capital markets ecosystem and provides access to multiple exchanges and clearing houses across multiple jurisdictions, offering an unrivalled breadth of products and services: futures and options, metals, fixed income, equities, energy and foreign exchange. For more information, please visit www.edfmancapital.com

About Covario AG

Covario is a Swiss-based Digital Asset Prime Brokerage founded in 2019. Covario’s Prime Brokerage platform is a holistic solution for digital asset trading, algorithmic trading, clearing, financing and custody for institutional clients. Backed by a team of professionals with deep experience and understanding of institutional financial services, Covario’s offering combines asset protection and global reach with operational ease and efficiency. Visit: www.covar.io

Press Inquiries

For ED&F Man Capital Markets
Emma Kane, SEC Newgate
mcm@secnewgate.co.uk
Tel: +44 (0) 7876 338339

For Covario
Jen Chae, Head of Marketing, Covario
jen.chae@covar.io | pr@covar.io

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