“SGX Targets Institutional Investors with A Regulated Alternative to Crypto Derivatives”, – WRITE: www.coindesk.com
These Contracts, Designed for Institutional Clients and Professional Investors, Will Not Be Accessible to Retail Traders. SGX DID NOT IMMEDIATELY Respond to Coindesk’s Request for Comment.
Sgx’s Move Aligns with A Broader Trend Among Traditional Exchanges Embracing Cryptocurrency Derivatives. Japan’s Osaka Dojima Exchange Inc. IS ALSO SEEKING APROVAL TO LIST BITCOIN FUTures, Reflection Growing Institutional Interest in Digital Assets, Particularly Amid Pro-Crypto Policies from The US Government.
The Planned Bitcoin Perpetual Futures Are PENDING APPROVAL FROM The Mnetary Authority of Singapore. Unlike Traditional Futures, Perpetual Contracts Have No Expiration Date, ALLOWING TRADERS TO SPECULATE ON PRICE MOVEments Continuously. SGX AIMS to PROVIDE A Secure and Regulated Alternative for Crypto Trading, Leverage Its AA2 Rating from Moody’s.
This Initiative Could Enhance Institutional Market Participation in Cryptocurrency While Addressing Credit Risks Associated with Unregulated Crypto Exchanges Like and Okx.
Disclaimer: Parts of this article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Ensure Accucy and Adhesion to Our Standards. For more information, See Coindesk’s Full Ai Policy.
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