📰 #CBOE said they will be the first regulated exchange to offer both spot and futures trading. CBOE will launch leveraged futures contracts #Bitcoin and #Ethereum on January 11, 2024.
The new margin model allows trading #Futures without fully mortgaging assets up front, or trading with leverage. From there, it brings about efficient use of capital, attracting more organizations to participate.
Initially, the contract will be settled in cash, but later, they will also offer direct crypto trading services if users request it. In the US, the two main platforms used by institutions are #CME and CBOE.
Cboe will become the first exchange in the US licensed to trade crypto spot and leveraged futures on the same platform. 11 crypto companies pledged to support Cboe on its first launch day next year, including: B2C2, CQG, Cumberland, Jump Trading,…
Cboe has launched Bitcoin & Ether Futures since the end of 2017, but customers at that time could only trade when fully collateralizing assets.