Digital Vega and CME Group launch new FX options block trading service
Service will enable buy-side participants to use existing OTC workflows on Digital Vega’s multi-bank platform to request quotes and trade blocks of FX options on futures.
Service will enable buy-side participants to use existing OTC workflows on Digital Vega’s multi-bank platform to request quotes and trade blocks of FX options on futures.
New weekly futures contracts are sized at one fiftieth of a bitcoin and will be cash settled at 4pm EDT/EST every Friday.
New options-on-future structure has been developed to provide a new way to manage market volatility.
Addition of Mizuho Bank increases dealer entity count at SwapAgent to 47, spanning 15 countries.
Development builds upon the launch of FTSE Bitcoin index futures and options last year, with the new Ether offering listed in EUR and USD.
Developments coincide with the rising index levels and evolving demands of the Taiwan market, according to TAIFEX.
The development will offer oneZero’s network of banks and institutions access to liquidity for over 350 spot and CFD crypto trading pairs.
The Eurex/KRX link offering enhances and aligns trading opportunities for users across the Korean, US, and European time zones.
Integration with ION’s XTP Execution will give fixed income clients access to an increased scope of futures markets, offering users with centralised access.
New report from Acuiti also notes the risk associated with new regulations as being a key concern on the horizon for market participants within the asset class.