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Singapore Exchange’s derivatives arm, SGX Derivatives, is preparing to introduce new cryptocurrency futures in November, according to an announcement on November 17.
These products are designed for professional investors and aim to provide a regulated way to trade digital assets.
Starting November 24, SGX Derivatives will begin offering perpetual futures linked to Bitcoin
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Because they do not expire, traders can hold their positions for as long as they want, provided they meet the margin requirements.
The decision comes as more institutions show interest in digital assets. SGX stated that the new products are being launched to meet increasing investor demand and to connect traditional finance with the digital asset market.
The contracts will be overseen by the Monetary Authority of Singapore (MAS) to ensure they meet local regulatory standards. Only accredited and experienced investors will be allowed to trade them, in line with regulatory safeguards.
This is not the first time such products have been offered in Singapore. In July, EDXM International launched its own set of perpetual futures, including contracts for Bitcoin, Ethereum, Solana
Recently, MAS warned that many stablecoins without oversight will face stricter treatment. What did Managing Director Chia Der Jiun say? Read the full story.
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