Singapore Exchange President Hints At Launch Of Crypto Perpetual Futures

PANews reported on August 11 that SGX may launch cryptocurrency perpetual futures by year-end to cater to institutional investors amid concerns over retail trading suitability.

Summary

PANews reported on August 11 that the Singapore Exchange (SGX) may list cryptocurrency perpetual futures contracts before the end of the year, according to Jinshi. The proposed products are intended to meet institutional demand, as cryptocurrency trading is deemed unsuitable for retail investors.

Terms & Concepts
  • Crypto Perpetual Futures: Derivative contracts without an expiration date, providing continuous exposure to cryptocurrency price movements.