The service will be available via Huobi’s Derivative Market (Huobi DM) to customers of select countries and will allow them to open both short and long positions for a handful of cryptocurrencies.
An unconfirmed report claims that NASDAQ has plans to launch BTC-based futures contracts, and that these plans are continuing to go forward despite the recent crypto crash.
Originally scheduled for November, Bakkt was announced in August 2018 as “a scalable on-ramp for institutional, merchant and consumer participation in digital assets.”
Morgan Stanley is joining Wall Street’s race toward an institutional-friendly bitcoin derivative, reportedly devising swap contracts tied to bitcoin futures prices.
Cryptocurrency trading platform OKEx has announced that it is rolling back on all futures transactions due to what executives deemed an “irregular sell-off.”
The EverMarkets Exchange (EMX) is expected to launch later this year for non-U.S. clients. It will list both cryptocurrency and traditional futures contracts.