Cboe Global Markets debuts Bitcoin and Ether margined futures

About Cboe Global Markets

Cboe Global Markets, Inc. engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options.

The U.S. Equities segment covers listed cash equities and ETP transaction services that occur on BZX, BYX, EDGX, and EDGA. The Futures comprises the the business of futures exchange, CFE, which includes offering for trading futures on the VIX Index and bitcoin and other futures products.

The European Equities segment relates to the pan-European listed cash equities transaction services, ETPs, exchange-traded commodities, and international depository receipts that occur on the RIE, operated by Cboe Europe Equities.

Global FX segment

The Global FX segment represents the institutional FX trading services that occur on the Cboe FX platform. The company was founded on 1973 and is headquartered in Chicago, IL.

The launch represents a significant step for Cboe Digital in its aim to unify the fragmented crypto spot and futures markets. John Palmer, President of Cboe Digital, highlighted the importance of this development for the exchange and clearinghouse, anticipating increased investor demand for derivative products to manage crypto exposures and improve capital efficiencies.

Thomas Texier of Marex and Jake Moore of Toa Capital Group expressed their organizations’ support for the initiative, emphasizing the competitive technology and secure access to regulated futures markets that Cboe Digital provides. Bob Fitzsimmons from Wedbush Securities also acknowledged the role of Cboe Digital in fostering a transparent and regulated crypto market.\

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Cboe Digital’s strategy includes plans to broaden its product offerings to encompass physically delivered products, subject to regulatory approval. The platform’s design facilitates easy access to both spot and derivative markets, aiming to introduce more groundbreaking offerings to the crypto sector in the future.

Cboe Global Markets

Cboe Global Markets is a prominent derivatives and securities exchange network that operates across North America, Europe, and Asia Pacific, offering a range of trading solutions and products.

The information in this article is based on a press release statement from Cboe Digital. The company’s futures products are available through Cboe Digital Exchange, LLC, and Cboe Clear Digital, LLC, both registered with the CFTC. However, the CFTC does not oversee spot market trading of virtual currencies, and Cboe Digital’s Spot Market is not covered by CFTC rules or regulations. The Spot Market operates in New York under a “BitLicense” granted by the New York State Department of Financial Services.

CHICAGO – Cboe Digital, the digital asset arm of Cboe Global Markets (NYSE:CBOE), announced the launch of its new margined futures for Bitcoin and Ether, marking the company as the first U.S. regulated crypto native exchange to offer both spot and leveraged derivatives trading on a single platform. The inaugural trades were supported by industry partners including Blockfills, DV Trading LLC, Jump Trading Group, Marex, Toa Capital Partners, and Wedbush.

The launch represents a significant step for Cboe Digital in its aim to unify the fragmented crypto spot and futures markets. John Palmer, President of Cboe Digital, highlighted the importance of this development for the exchange and clearinghouse, anticipating increased investor demand for derivative products to manage crypto exposures and improve capital efficiencies.

Thomas Texier of Marex and Jake Moore of Toa Capital Group expressed their organizations’ support for the initiative, emphasizing the competitive technology and secure access to regulated futures markets that Cboe Digital provides. Bob Fitzsimmons from Wedbush Securities also acknowledged the role of Cboe Digital in fostering a transparent and regulated crypto market.

Cboe Digital’s strategy includes plans to broaden its product offerings to encompass physically delivered products, subject to regulatory approval. The platform’s design facilitates easy access to both spot and derivative markets, aiming to introduce more groundbreaking offerings to the crypto sector in the future.

Cboe Global Markets is a prominent derivatives and securities exchange network that operates across North America, Europe, and Asia Pacific, offering a range of trading solutions and products.

The information in this article is based on a press release statement from Cboe Digital. The company’s futures products are available through Cboe Digital Exchange, LLC, and Cboe Clear Digital, LLC, both registered with the CFTC. However, the CFTC does not oversee spot market trading of virtual currencies, and Cboe Digital’s Spot Market is not covered by CFTC rules or regulations. The Spot Market operates in New York under a “BitLicense” granted by the New York State Department of Financial Services.