The clearing house unit of the London Stock Exchange will soon allow investors to trade Bitcoin futures and options. The new feature will be rolled out in collaboration with UK based digital asset exchange GFO-X
Bitcoin futures and options to its investorsThe London Stock Exchange Group will soon offerfutures and options to investors through LCH. LCH happens to be a British clearing house group that caters to major international exchanges including the LSE.
Furthermore, LCH SA will provide traders of the crypto exchange access to clearing of crypto derivatives in a regulated environment. Market participants also helped finalize the details of the new venture. Furthermore, regulatory approval would enable the offering of these services.Additionally, it will be based on the GFO-X/Coin Metrics Bitcoin Reference Rate , a BMR-compliant reference rate of the U.S. dollar price of Bitcoin.
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