Kraken Launches Perpetual Futures Trading in Select Regions
Kraken introduces perpetual futures trading within its flagship app, making a high-risk financial tool more accessible to retail clients while offering advanced risk management features.
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Fact Check
The statement is strongly confirmed by the evidence. Multiple official sources from Kraken's blog and support pages (Sources 1, 6, 9, 10) and corroborating financial news articles (Sources 2, 4, 5) confirm the launch of perpetual futures. The 'select regions' part of the statement is also explicitly verified by Kraken's support documentation (Sources 6, 9), which distinguishes between derivatives available to US and non-US clients, stating perpetual futures are for non-US clients.
Summary
Kraken has launched its new perpetual futures trading product, Kraken Perps, directly in its app for eligible clients in select regions. The product allows users to trade with USD as collateral and use features like stop-loss orders for risk management. The move is part of Kraken’s broader strategy to introduce derivatives to a wider retail audience, with a focus on simplifying complex trading tools.
Terms & Concepts
- Perpetual Futures: A type of derivative contract that allows traders to take positions on an asset’s future price without an expiration date, providing flexibility in market exposure.
- Stop-Loss Order: A feature that automatically closes a position at a predefined price to limit potential losses if the market moves against a trader’s position.