SGX Launches Bitcoin, Ether Futures: New Liquidity, Institutional Interest

SGXs Bitcoin and Ether perpetual futures gain traction, attracting institutional hedge funds and crypto-native players. Michael Syn, SGX Group president, reveals new liquidity entering the market, unlike funds being shifted from other investments. The SGX aims to establish these perpetuals as the benchmark contract during Asian trading hours, catering to institutions demand for regulated contracts, particularly for basis trading. SGXs regulated perpetuals employ conservative risk management practices, setting them apart from unregulated platforms.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.