Cboe Digital, a U.S.-regulated cryptocurrency exchange and clearinghouse, announced plans today to start trading and clearing margin futures Bitcoin, Ether, Bitcoin Cash, Litecoin and USDC beginning on January 11, 2024. This launch is a great way to get started with spot and leveraged derivatives trading on a single platform, bringing trust, transparency and innovation to the crypto spot and derivatives markets.
Cboe Digital’s initial offering of margined contracts with financial settlement Bitcoin, Ether, Bitcoin Cash, Litecoin and USDC follows trading at its spot crypto market. Contract margin requirements for the new futures will be posted on Cboe Digital’s website daily, along with standardized portfolio analysis of risk (SPAN®) compatible risk parameter files that can be used to replicate margin calculations. The company plans to expand the product range to include physical delivered products in the future, subject to regulatory approvals.
Cboe Digital’s planned launch of margin Bitcoin, Ether, Bitcoin Cash, Litecoin and USDC futures has garnered the support of 11 top firms in the traditional finance world, including B2C2, BlockFills, CQG, Cumberland DRW, Jump Trading, Marex Financial, StoneX, Talos Trading, tastytrade, Trading Technologies and Wedbush.