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Cboe plans to launch margin futures for Bitcoin and Ether in January.
“With this launch, Cboe Digital will be the first US-regulated crypto-native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform,” the company announced on Monday.
Cboe also plans to expand its crypto derivatives suite and “add physically delivered products at a later date, subject to regulatory approvals,” the press release said. Cboe already offers spot futures trading for Bitcoin, Bitcoin Cash, Ether, Litecoin and USDC.
“We believe derivatives will drive additional liquidity and hedging opportunities in the crypto space and represent the next critical step in the continued growth of this market,” John Palmer, president of Cboe Digital, said in a statement.
Crypto trading firms B2C2, BlockFills, CQG, Cumberland DRW, Jump Trading Group, Marex, StoneX Financial, Talos, schmackhafttrade, Trading Technologies and Wedbush will support the launch, Cboe said.
“Cboe Digital’s offer to provide secure access to regulated futures markets is key to maturing this emerging asset class and enabling broader institutional participation,” said Chris Zuehlke, global head of Cumberland DRW.
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