Cboe Digital to Launch Margin Futures on Bitcoin and Ether, Becoming the First U.S. Regulated Crypto Native Exchange and Clearinghouse to Enable Both Spot and Leveraged Derivatives Trading on a Single Platform
November 13, 2023, Cboe Digital, a crypto native exchange and clearinghouse regulated by the U.S. Commodity Futures Trading Commission (CFTC), today announced plans to launch trading and clearing in margin futures on Bitcoin and Ether, beginning January 11, 2024. With this launch, Cboe Digital will become the first U.S.-regulated crypto-native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform.
Cboe Digital to Launch Margin Futures on Bitcoin and Ethereum
Cboe Digital’s margin futures will be financially settled, meaning that traders will receive or pay cash at the end of the contract rather than delivering or receiving the underlying crypto asset. This makes them more accessible to a wider range of participants, including institutional investors.
Margin futures are also significant because it is being supported by a number of leading firms across the cryptocurrency and traditional financial marketplaces. This includes B2C2, BlockFills, CQG, Cumberland DRW, Jump Trading Group, Marex, StoneX Financial, Talos, tastytrade, Trading Technologies, and Wedbush.
The support of these firms is a testament to the confidence they have in Cboe Digital and its ability to operate a trusted and transparent marketplace for crypto spot and derivatives trading.
Benefits of Cboe Digital’s Margin Futures
Access to a trusted and regulated marketplace: Cboe Digital is a regulated exchange and clearinghouse, which means that its markets are subject to strict oversight by the CFTC. This helps to reduce risk and protect traders.
Deep liquidity and tight spreads: Cboe Digital is supported by a number of leading liquidity providers, which ensures that traders have access to deep liquidity and tight spreads.
Innovative technology and risk management: Cboe Digital uses innovative technology and risk management tools to help traders manage their risk exposure.
Overall, the launch of margin futures on Bitcoin and Ethereum by Cboe Digital is a significant development for the crypto markets. It represents the first time that a U.S.-regulated crypto native exchange and clearinghouse will be offering both spot and leveraged derivatives trading on a single platform.
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