Derivatives

Funding round is set to fuel expansion and technology development nine months after the business’ launch.

The move makes the firm the first prime broker to support cross-margining across the full suite of digital asset product types, with QCP and BlockTech supporting the offering as launch partners.  

Clients who access FX futures through Marex, and FX prime brokerage services through NatWest’s markets business set to receive margin relief.

The integration follows the launch of GFO-X in May 2025, and follows growing institutional demand for centrally cleared cryptocurrency trading and digital asset trading.  

70% of derivatives professionals predicted growth in January 2025, with potential capacity challenges possible if volumes continue to rise, according to a Coalition Greenwich report. 

The offering aligns with further planned expansion, with the firm also set to offer EBS Direct and CME Group’s FX Spot+ platform.  

Launch follows significant institutional growth in the digital asset derivatives market; first successful trade already executed.  

The new solution integrates CME SPAN 2 and aims to address calculation and speed challenges associated with the model.  

The expansion follows an increase in market demand for NDFs in the APAC region and builds on the two companies’ existing partnership.  

The product is set to go live on 19 May 2025 and follows the company’s recent launch of its Solana futures.