Frankfurt Exchange will launch cryptocurrency futures

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UNITED STATES (VOP TODAY NEWS) — The Eurex financial derivatives platform, managed by Deutsche Borse, the largest German stock exchange, will launch futures for the popular cryptocurrencies Bitcoin (Etcoum), Ethereum and Ripple, The Block.

“In recent weeks, Eurex met with industry representatives to discuss new products … The exchange is preparing to launch many new futures contracts related to the digital asset market,” the publication reports citing its sources.

According to some sources, we are talking about bitcoin futures, Ethereum and Ripple.

The publication adds that the timing of the launch of a new product is unknown.

Eurex was launched in 1998 and is one of the world’s leading stock exchanges that sell derivatives (futures and options).

In December 2017, the American trading platforms CME Group and CBOE introduced the ability to trade Bitcoin futures on their trading floors.

This article is written and prepared by our foreign editors writing for VOP from different countries around the world – edited and published by VOP staff in our newsroom.

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