One Trading has unveiled a new regulated perpetual trading venue, increasing the European crypto-assert exchange’s accessibility to both institutional and eligible retail clients.
The launch represents the first fully regulated, cash-settled perpetual futures platform in Europe, establishing One Trading as the only Mifid II-regulated trading venue for crypto perpetual futures in the EU.
Specifically, the platform offers BTC/EUR and ETH/EUR perpetual futures trading pairs.
“The launch of our perpetual futures platform is a major milestone in our three-year journey. From the start, our goal has been to simplify trading by making markets more accessible, transparent, and cost-effective,” said One Trading chief executive Joshua Barraclough.
“Today, we are delivering on that vision with the launch of a fully regulated, vertically integrated onshore exchange for perpetual futures. Customers will no longer need to pay vast fees in margin to get access to leverage, trade CFDs or need to trade on unregulated offshore venues.”
One Trading’s platform is set to offer real-time settlement of all derivative positions 24/7 with a sub-1-minute settlement time and aims to eliminate the need for external clearing by combining derivatives product creation and trading.
The announcement follows a strategic investment into the exchange by Standard Chartered subsidiary SC Ventures in September 2024, focused on supporting the launch of the first crypto perpetual futures in the EU as a Mifid II trading venue.
Retail investment is a key aspect of the launch. In July 2024, One Trading became the first regulated derivatives exchange in Europe to be retail accessible after it was granted a One Trading an Organised Trading Facility (OTF) licence by the Dutch Financial Markets Authority (AFM).
The exchange has said that multiple market participants are already live on the platform and confirmed that it will announce expansion to eligible retail clients in the coming weeks.