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Exchange operator Cboe gets nod to launch leveraged crypto derivative products
- linkweb3
- 2023-06-06
- 2756
- Newsletter
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Summary:Cboe Global Markets on Monday said it received regulatory approval to offer leveraged derivatives products on its digital trading platform, including physically and financially settled bitcoin and ether margined futures contracts. The U.S. Commodity Futures Trading Commission approved Cboe Digital to be the first U.S.-regulated crypto exchange and clearinghouse platform to offer leveraged derivatives when the contracts launch in the second half. The margined contracts will let users trade cryp
Cboe Global Markets on Monday said it received regulatory approval to offer leveraged derivatives products on its digital trading platform, including physically and financially settled bitcoin and ether margined futures contracts. The U.S. Commodity Futures Trading Commission approved Cboe Digital to be the first U.S.-regulated crypto exchange and clearinghouse platform to offer leveraged derivatives when the contracts launch in the second half. The margined contracts will let users trade crypto futures while putting less collateralized capital up front, with trades executed and cleared through an approved set of member futures commission merchants, Chicago-based Cboe said.
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