SGX to Launch Crypto Perps

Singapore Exchange is joining the fray on crypto perpetual futures, with the impending launch of Bitcoin and Ethereum perpetual futures on November 24.

SGX says the new contracts will provide a continuous, no-expiry structure favoured by crypto-native communities, combined with the clearing and margining standards of listed derivatives. Perpetual futures volumes are heading close to $200 billion per day, but SGX says these flows remain largely priced off and settled on offshore platforms outside of Asia.

“Digital assets have made their way into institutional…

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