Cboe Digital Launches Margined Bitcoin and Ether Futures, Announces First Successful Trade


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Cboe Digital announced the successful launch of futures contracts on bitcoin and ether with margin and completed its first futures transaction on the bitcoin with margin. With the help of Blockfills, DV Trading LLC, Jump Trading GroupMarex, Toa Capital Partners and Wedbush in the execution of these transactions, Cboe Digital becomes the first stock exchange cryptocurrencies and regulated clearing house UNITED STATES to offer immediate and margined derivative transactions on a single platform.

“As an exchange and clearinghouse, this is an important milestone for Cboe Digital and its goal of integrating the immediate and futures markets of cryptocurrencies “, said John Palmer, president of Cboe Digital. “The market for cryptocurrencies is at an exciting stage, and as more and more investors look to engage in this asset class, we expect an increase in demand for derivatives products to manage their positions in cryptocurrencies, mitigate risks and improve capital and operational efficiency. We are grateful for the dedication of our intermediaries, partners and team members in getting us to this point and look forward to continuing our collaboration to promote market expansion.”

“We believe that transparent and regulated markets UNITED STATES “are driving customer interest in these products and Marex was keen to support our customers from the start,” said Thomas Texier, head of clearing at Marex. “The introduction of margined futures by Cboe Digital will help introduce competitive technology and innovative solutions to the futures markets. cryptocurrencies and margin-based derivatives.”

“As a market maker with leading risk management practices, we are pleased to collaborate with a high-quality exchange like Cboe Digital, which is committed to facilitating greater institutional participation and acceptance of cryptocurrencies“, said Jake Moore of Toa Capital Group. “Cboe Digital’s efforts to provide secure access to regulated futures markets are critical to the development of this emerging asset class.”

“Cboe Digital has played a key role in supporting the establishment of a direct and derivative market for cryptocurrencies transparent and well-regulated,” said Bob Fitzsimmons at the house of Wedbush Securities. “We are excited to continue our partnership in this sector and congratulate Cboe Digital on this important advancement.”

After introducing mandatory margin contracts on the Bitcoin and Ether which are financially settled, Cboe Digital plans to expand its offering to include physically delivered products, subject to regulatory approval. Notably, Cboe Digital’s integrated immediate trading and derivatives platform is structured to provide clients with direct access to both markets. Leveraging this comprehensive exchange and clearinghouse model also allows Cboe Digital to potentially introduce more innovative and unique products to the securities markets. cryptocurrencies.

For more details on the new futures contracts on the Bitcoin and Ether with obligatory margin, visit website by Cboe Digital here.

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