Marex to Clear SGX Crypto Perpetual Futures

Marex to Clear SGX Crypto Perpetual Futures

Marex Group , a diversified global financial services platform, is proud to announce that the firm will serve as a clearer for SGX Derivative’s SGX Crypto Perpetual Futures product.

Perpetual futures are futures contracts with no expiration date, commonly used by institutional and professional traders for hedging or as a tool in arbitrage trading. With over $187 billion in global daily volumes, they are the most actively traded crypto derivative product, although much of this trading currently takes place on offshore exchanges. From today, SGX Crypto Perpetual Futures contracts will offer traders continuous exposure to bitcoin or…

Source link