Categories: Wire Stories

Orbit Markets Receives Credit Rating Upgrade from Credora, Recognized for Financial Transparency and Strong Performance

SINGAPORE–(BUSINESS WIRE)–Orbit Markets, a leading market maker of options and structured derivatives in digital assets, is proud to announce that it has been awarded a credit rating upgrade to BB from Credora, a reputable credit rating platform.

In a recent report released by Credora, Orbit was commended for its transparency and diligent delivery of financial information month over month since July 2022. Credora noted that “the documents Orbit provides have sufficient detail and notes for a comprehensive financial analysis”.

The upgrade follows a rigorous evaluation process, utilizing both real-time data and static financial information, across various technological integrations. The evaluation affirmed Orbit’s alignment with its communicated strategies, low directional exposure, and commitment to prudent risk management practices.

The BB rating places Orbit among the top 12% of its peers rated by Credora, affirming its position as a leader in the industry. Credora also highlighted Orbit’s strong performance, noting that “Orbit produced some of the highest returns in the peer group.” Notably, Orbit has delivered positive returns in every single month over the past 12 months, showcasing its strength and resilience across various market environments.

We are thrilled to receive this upgrade from Credora, which demonstrates our financial excellence and provides assurance to our counterparties, investors and partners,” said Caroline Mauron, CEO of Orbit Markets. “We look forward to leveraging this upgrade to drive further growth.”

About Orbit Markets:

Orbit Markets is a leading market maker of digital asset options and structured derivatives. Headquartered in Singapore, we serve institutional clients with a comprehensive suite of derivative products, encompassing vanilla options, exotic options, and structured derivatives across a broad range of digital payment tokens. Our services include facilitating bespoke over-the-counter transactions and providing liquidity on exchanges and trading venues. For more information, visit orbitmarkets.io

Contacts

For media inquiries:

Jimmy Yang

info@orbitmarkets.io

Alex

Recent Posts

Novautek Honored with the “Outstanding SME ESG and Business Performance Award”

HONG KONG SAR - EQS Newswire - 23 December 2024 - Novautek Autonomous Driving Limited…

56 minutes ago

V-GREEN and Xanh SM Indonesia sign MoU with Lippo for comprehensive green ecosystem in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 23 December 2024 - V-GREEN and PT Xanh…

1 hour ago

Molex Anticipates Steady Growth in High-Speed Connectivity in 2025, Driving Electronics Design Innovations Across Diverse Industry Sectors

Increase in opportunities predicted for high-speed optical transceivers and miniaturized connectivity solutions to address data-intensive…

3 hours ago

Celebrating 25 Years of Excellence: DYXnet Embarks the New Chapter of Digital Transformation

HONG KONG SAR - Media OutReach Newswire - 23 December 2024 - DYXnet, a wholly-owned…

4 hours ago

The Top 10 Best Places to Work in Egypt for 2024 revealed

CAIRO, EGYPT - Media OutReach Newswire - 23 December 2024 - Eand, Novo Nordisk, BSH,…

6 hours ago

Trend Micro Named a Magic Quadrant Leader for Email Security Platforms

Trend Vision One™ – Email and Collaboration Security is a critical part of Trend’s centralized…

7 hours ago