Wintermute Registers as SEC Broker‑Dealer and Joins FINRA to Enter U.S. Securities Markets

Overview

• Wintermute announced that its U.S. arm is now an SEC‑registered broker‑dealer and a FINRA member, giving the firm formal regulatory status to operate in U.S. securities markets.
• The registration allows Wintermute to trade U.S. equities and equity options for its own account and to act as an Authorized Participant for exchange‑traded products, including crypto‑linked ETFs.
• The company has established a dedicated New York team and is pursuing exchange approvals that would let it take on market‑making roles on venues such as Nasdaq and the New York Stock Exchange.
• Wintermute says the move will deepen relationships with institutional counterparties and increase competition for incumbent electronic trading firms and market makers.
• The firm positions the change as a stepping stone toward tokenized securities, though broader participation will depend on further regulatory and exchange rules and approvals.