The U.S. Commodity and Futures Trading CommissionCFTCAccording to SBI Holdings, the shareholder of the company, ), ) has confirmed that it has authorized the U.S. subsidiary for electronic trading platform developer Clear Markets in order to offer physically settled cryptocurrency derivatives.
Clear Markets’ 12% stake was acquired by SBI Holdings in August 2018. It plans to increase its stake in future to create a compliant platform for crypto derivatives trading.
Clear Markets is a leader in electronic markets and trading technology innovation, developer and operator. We have extensive experience building and operating electronic trading platforms for complex credit derivatives and fixed income transactions in major financial centers around the globe.
The announcement stated that there are plans for users to trade derivatives on the U.S. Dollar and Bitcoin (BTC) pairs on the platform.
Clear Markets U.S.’s Swap Execution Facility has been approved by the CFTC.
According to CFTC, establishments must be registered. Mission Through sound regulation, we aim to foster integrity, resilience, as well as vibrancy, in the US derivatives market.
Japanese Financial Giant SBI Group launched the first cryptocurrency fund for Japan in November 2021. This was to offer Japanese investors a more diverse portfolio.
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