Overview
- Singapore Exchange will open Bitcoin and Ether perpetual futures on Nov. 24, referencing iEdge CoinDesk Crypto Indices for institutional benchmark pricing.
- Access to SGX’s contracts is limited to institutional, accredited and expert investors, with USD cash settlement, two trading sessions, and a funding mechanism capped at ±35 basis points.
- SGX contract sizes are 0.2 BTC and 5 ETH with $1 minimum tick, designed to provide continuous exposure without expiry under exchange margining and clearing.
- Cboe will list Bitcoin (PBT) and Ether (PET) continuous futures on Dec. 15 with 10-year expiries at listing, daily cash adjustments tied to Cboe Kaiko rates, and central clearing via Cboe Clear US.
- Cboe’s products will trade 23 hours a day, five days a week, support shorting and margining with potential cross‑margining, and are positioned to onshore volume from offshore perpetual markets that see roughly $187 billion in daily activity.