Standard Chartered, Virtu Financial join new U.K. crypto derivatives platform
Standard Chartered, Virtu Financial, and ABN AMRO Clearing have been announced as strategic partners of Global Futures and Options Ltd. (GFO-X), a U.K.-based crypto derivatives platform.
On Dec. 9, GFO-X announced that the three firms, alongside market maker IMC, are among the top financial industry players to join the U.K. regulated platform. GFO-X revealed the partnership via a press release, adding that the crypto-focused derivatives trading venue will officially launch in the first quarter of 2025.
The platform has collaborated with the companies to meet the requirements for offering Bitcoin (BTC) index futures and options to institutional investors. The products will leverage the financial market infrastructure…
