Cboe set to launch first cash-settled options product for spot Bitcoin
The product will be available from 2 December; exclusively listed and traded on Cboe Options Exchange.
The product will be available from 2 December; exclusively listed and traded on Cboe Options Exchange.
The move follows One Trading receiving European crypto derivatives trading approval, making it the first Mifid II trading venue for perpetual futures in the EU.
Development builds upon the launch of FTSE Bitcoin index futures and options last year, with the new Ether offering listed in EUR and USD.
Investors will be provided with access to the $2.4 trillion digital asset landscape through manager-directed strategies.
New collaboration will target growing investor demand for exchange-traded derivatives to manage crypto exposure in a US-regulated trading environment.
The market infrastructure triumvirate calls for market-wide mobilisation of support for digital asset standards.
New offering will allow participants to access a broad range of currency pairs, which will mirror the traditional FX market experience.
The collaboration seeks to help create an attractive marketplace for digital assets to increase trading activity and improve operational efficiency.
New digital token identifier (DTI) marks a milestone for the regulation of digital asset derivatives, with previous reporting solely focused on traditional financial instruments.
Clearing services will be provided for cash-settled Bitcoin derivatives traded on GFO-X through LCH DigitalAssetClear.