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Singapore Exchange to Launch Bitcoin and Ether Perpetual Futures
SGX aims to enhance institutional crypto trading with perpetual futures offering improved price discovery and capital efficiency, referencing widely used iEdge CoinDesk Crypto/Indices.
- On Monday, Singapore Exchange Derivatives announced bitcoin and ether perpetual futures will go live on Nov. 24, bringing global derivatives structure to crypto perpetuals.
- Amid growing demand for regionally anchored benchmarks, SGX said it has taken the next step—applying the same institutional discipline that underpins global markets to crypto’s most traded payoff, referencing the iEdge CoinDesk Crypto/Indices.
- Perpetual futures have no expiry and use a funding-rate mechanism with periodic payments between buyers and sellers, trading around the clock on mostly offshore trading venues with more than $187 billion daily volumes.
- Institutional traders gain exposure without owning cryptocurrencies, improving portfolio precision and capital efficiency, while CoinDesk/Indices will support the benchmark rate with traditional margining and clearing.
- Reference rates publish at 4 p.m. SGT daily and real-time indices run every second, 24/7, underpinning continuous price references amid an institutional trend toward regionally anchored benchmarks.
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21 Articles
SGX Derivatives to Launch Bitcoin, Ethereum Perps for Institutional Investors
Singapore Exchange (SGX) Derivatives will launch Bitcoin and Ethereum perpetual futures on November 24, bringing institutional-grade standards to crypto's most traded derivative product within a regulated exchange-cleared framework, the company announced Monday.The contracts provide a continuous, no-expiry structure favored in crypto markets, combined with the clearing and margining standards of listed derivatives. The launch enables institution…
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Total News Sources21
Leaning Left1Leaning Right1Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
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