Exchange operator Cboe gets nod to launch leveraged crypto derivative products
Cboe Global Markets received regulatory approval from the US Commodity Futures Trading Commission to offer leveraged derivatives products on its digital trading platform, including physically and financially settled bitcoin and ether margined futures contracts. Cboe Digital allows trading and clearing of bitcoin and ether futures on a fully collateralized basis. The margined contracts are expected to launch in H2 2022 and will enable users to trade crypto futures while putting less collateralized capital upfront. Cboe Digital's clearinghouse will act as the central counterparty to reduce default risks.
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