We do white label the certain institutions that offer our retail solution. We really
focus on security, safety, speed, all the things big banks and institutions
on Wall Street that we've been to two for about twenty five years have countered
on. You are listening to Carrie Letz's Financial Survival Network, where you get
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I'm your host Carrie lutz A. We got a special guest on today,
Anthony Saliba. Anthony, you're a veteran options trader. You've built plotforms,
sold them at a substantial profit. You've got a new platform called Liquid
Mercury and it looks pretty interesting and hey wanted to find out from you what
it's about. First the questions comments KL at Carrie lets dot com. We'll
get you an answer back, Anthony. So welcome and tell us about Liquid
Mercury. Thanks Kerry, great to be here, Thank you well. Liquid
Mercury is my fourth generation of derivatives software. It's a platform that handles multiple
asset classes, but primarily digital assets. So we do spot and options on
cryptocurrencies. We're a B to B but your audience, that is customers can
find us. We do white label to certain institutions that offer our retail solution.
We really focus on security, safety, speed, All the things big
banks and institutions on Wall Street that we've vended to for about twenty five years
have counted on interesting. So how long has it been around for? So
Mercury is a few years old. My original company, liquid Point, is
still the dominant technology on listed options. I sold that company a number of
years ago and got my same team back together to build out our fourth generation
of the technology for the digital asset space. So a big differentiator from the
rest of the software out there is that you know, we're options guys and
gals and we're able to deliver n number of legs and a spread We have
our own spread book, we have a matching engine. Things that set us
world apart. But we also have you know, good clean technology for brokers
and traders that are in the prop zone or professionals all right, So it's
basically kind of for insiders, guys who are who really know their stuff traders
effectively, and obviously the companies that trade prop traders, et cetera. Right,
correct, correct here? Okay, so what are the benefits of this
platform? You know, why are you going through this exercise? Obviously there's
something compelling here. Right. Well, in the early days of crypto,
first ten years or so, well, maybe the first seven years, there
was really nothing and it was you know, Walt's wallet and people cobbled together
things. And then in the mid to eighteens you started to see basically e
commerce systems crop up to provide you know, exchanges, places for people to
meet, and that's proliferated over the you know, first part of this decade.
But what we bring is real Wall Street grade sultware that banks and incisions
can count on with safety, security, reporting compliance, even though the rule
set in the US is still very fluid. We've built everything for best execution,
the ability for the customer or our clients customers to get a great sale,
know, the you know, food chain of pricing or handling of that
asset. Predominantly coins, all coins, bitcoin, eat whatever they're trading.
We're connected to about forty different venues, but we have OTC market makers that
give commissionless prices to our clients. And you know, it all happens in
a blink of an eye, so we're fast and accurate and say, okay,
so industrial grade if you will, right, absolutely, thank you.
I was searching for the braise all right, So hey, what about your
tokenization thing? Merk O thanks asking? Yeah, Emmy r c H token
we launched earlier this year is listed on a couple of non US exchanges CeX
in Europe and UK, and we'll be watching on bit rude beginning of next
month and two other Asian exchanges that we're on DeFi uh, you know,
to swap. And our token has two main value propositions for our institutional clients.
It spins off discount tokens. You know, our token is able to
be presented each month or a discount off of our clients invoices, So there's
a scarcity built in and our clients by for splitting that discount with whoever might
be the holder of our token that's on the institutional side. So as our
business grows, obviously the value of the token grows and you know, we're
just getting started with Liquid Point. I sold a company or of a billion
about twelve years ago, and we plan to do the same thing with Liquid
Mercury. On the personal or individual side, we have a rewards program that
will be launching at the beginning of the year that if you stake your tokens
you'll have access to third party software that I've curated for trading research, some
big names in the research, special research just for this group. And then
I'm launching a podcast called Meals with Market Makers, and you'll only get this
through our rewards program. So, being one of the market wizards in the
original book, I've gone around and collated those of us are still alive and
creating some content that'll be fun and also have some relevance to today's trading and
juxtapose what we were familiar with at the launch of Options and what we see
currently in the current crypto environment. All right, so, hey, giving
you your choice, you got to pick one market or the other options or
crypto options on crypto. Okay, Well, I know that options are the
best product ever created at bar None. I think the US options market has
the most liquidity and it has the most safeguards the best pricing. Now with
the zero days expiration, you can tickle your fancy at every way. And
soon zero t expiration will be coming for equities themselves, not just indexes.
That's where my heart really is. Can you just explain that to zero to
expiration, how that works for us? Please? Absolutely? Yeah, zero
to expiration are are options that expire the same day, at the end of
the day. Okay. So you know, I spent a lot of time
at the CBOE and with the CBOE, and we learned in the early days
not to use gambling analogies, so I didn't. But I'm no longer film
either. Why right, But these are one day bets, if you will,
on the direction of the index for the trading day, and those will
becoming to equities probably in twenty twenty four, which really give the investor a
lot of variability, a lot of choice, and a lot of fun.
Yeah. Okay. Eventually come with crypto June carry. I mean, as
you get as you get ETFs approved or rypt, the ripple effect in the
spot market and the crypto options exchange will be big. There's going to be
all sorts of edging opportunities. Yeah, I know, I know, it's
growing by leaps and bounds. You look at the volume of these markets and
the liquidity, it's rather amazing. It is. Listens. So, if
I'm just your run of the middle trader here, what do you think I
should be looking at now? Well, if you're not in the digital asset
space, you really should take a look at it at a minimum. And
there's some courses online that are pretty they're pretty meaty and in depth, but
the number of them you only need to watch really the first few classes at
the most, maybe one or two. There's one dating back till like twenty
seventeen or twenty eighteen, a Princeton program that helps people get started, so
at least you get familiar. I had dinner with the friend of mine professional
medical fields that I have no clue what crypto is and why do we need
it? You know, in five minutes or less, I really answered all
his questions and he came away understanding that there's a huge value, you know,
in the blockchain itself and the capabilities that distributed ledgers and where it impacts
all things traded, from listed options and futures to art to real estate to
wy goo cattle, for instance, but take a class get familiar with crypto.
If you're in crypto and you're already dabbling in it, then I think,
you know, you really want to look at some of the second tier
tokens that have been on their butt since the ft X admission. You know,
Sam Bankman fraudster, came out and admitted to you know, the things
that he's done, and stuff is starting to percolate in a lot of fear
that was in the market is dissipating. So I would take a look at
that stuff. And of course are tolkien to merk which is currently training under
a penny and we have big plans for it. Interesting, very interesting.
So you want to go over to Liquidmercury dot com take a look at what
Anthony's offering here. I'm kind of intrigued by it. If you've got a
question for Anthony myself. The email is kl at Kerryloods dot com. The
link is in the show notes this interview on Financial Survival Network dot com.
Just go there, click that link. While you're there, sign up for
a free newsletter Anthony. It sounds like very interesting days ahead, absolutely carry
I really appreciate it. We're excited as ever, and you're seeing more and
more traditional financial companies now starting to decide what they're going to bring in as
far as their infrastructure and software like ours to satisfy their needs. Thanks for
listening to carry Letz's Financial Survival Network, your solution to today's trying times.
For the latest, go to Financial Survivalnetwork dot com. Financial Survival Network now
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