A member of
About EurexOTC Clear
EMIR 3.0 - active account
CCP Switch
On-boarding
Compression Service
Product Scope
Interest Rate Swaps
Inflation Swaps
Settlement Prices
Service Offering for PSAs
Clearing Member
ISA Direct Member
ISA Direct Light Licence Holder
Clearing Agent
Client
Jurisdictions
Multiple Clearing Relationships
Segregation Set up
Cross-Project-Calendar
Readiness for projects
C7 Releases
C7 SCS Releases
C7 CAS Releases
EurexOTC Clear Releases
Prisma Releases
Member Section Releases
Simulation calendar
Archive
User ID Maintenance
Clearing Hours
Clearing Reports
Product Specifications
Clearing on behalf
Delivery Management
Transaction Management
Collateral Management
Collateral
Transparency Enabler Files
Segregation Models
Reports
Default Fund
Intraday Margin Calls
OTC Clear Procedures
OTC Clear Tutorials
Cross Margining Support
Supplementary Margins
Default Waterfall
Model Validation
Stress testing
Default Management Process
Client Asset Protection under EMIR
Client Asset Protection under LSOC
Credit, concentration & wrong way risk
System-based risk controls
Pioneering CCP Transparency
Haircut and adjusted exchange rates
Securities margin groups and classes
Prices Rolling Spot Future
File services
Bond Clusters
Listed derivatives
OTC derivatives
Listed securities
Cash management
Delivery management
CCP eligible instruments
Eurex Newsletter Subscription
Circulars & Newsflashes Subscription
Corporate Action Information Subscription
Circulars & Readiness Newsflashes
News
Videos
Webcasts on demand
Publications
Forms
Events
FAQs
Production Newsboard
Eurex
Eurex FTSE Bitcoin Index Futures have been approved by the U.S. Commodities Futures Trading Commission (CFTC). Trading for US-based investors started on 29 May 2023.
The launch of FTSE Bitcoin Index Futures is an important milestone in Eurex's efforts to offer secure and trusted access to cryptocurrencies in a regulated market environment. Eurex is the first exchange in Europe to offer bitcoin index futures. US participants can now benefit from additional trading and hedging opportunities, with access to a wider range of participants and liquidity pools during Asian, European and US hours.
Outside of the US, trading began on 17 April 2023, and the contract was developed in collaboration with FTSE Russell, a leading global index provider, and Digital Asset Research (DAR), its provider of institutional-grade digital asset data.
The new futures contracts trade in EUR and USD with a contract multiplier equivalent to one bitcoin (BTC) and cash settlement on expiry with no position limits. The contract represents a step forward in meeting investors' needs for accurate price discovery, transparency and consistency in the digital asset market.
Michael Lie, Head of Digital Asset Trading, Flow Traders: "The approval of the first exchange-traded Bitcoin future in Europe by the CFTC, making it accessible to the US market, represents another significant step towards increasing the accessibility of cryptocurrencies among institutional investors. We welcome Eurex, one of the major derivatives exchanges, to expand its digital asset offering, which strengthens the belief of the acceptance and adoption of digital assets. Flow Traders remains committed to the development of the digital asset space and belief if will continue to play an important role in the global financial industry."
Since its launch, more than ten members have already traded hundreds of contracts, and additional participants are preparing to join. At least five market makers provided liquidity in the order book during the Asian, European and US trading hours.