Coinbase is preparing to launch 24/7 Bitcoin and Ethereum futures trading in the US. The exchange, regulated by the Commodity Futures Trading Commission (CFTC), is partnering with Nodal Clear to provide uninterrupted trading opportunities. This initiative is leading the way for the first futures trading market open 24 hours a day in the US.
With its new product, Coinbase aims to bridge the gap between the uninterrupted trading structure of the crypto market and the specific trading hours in traditional markets. According to the company’s announcement, this limitation prevents investors from trading during significant price movements and restricts their ability to react in real-time to market conditions.
The new futures contracts aim to offer flexibility to both retail and institutional investors by providing contracts of both large and nano sizes.
STRONG DEMAND TO BE EVALUATED
In addition to 24/7 futures trading, Coinbase is also working on offering continuous futures contracts for the long term. The company highlighted that futures trading accounts for approximately 75% of the global trading volume and has become a cornerstone of crypto markets. Consequently, strong demand for regulated crypto derivative products from US investors has been noted.
UNINTERRUPTED TRADING
CME Group, the largest traditional derivatives exchange in the US, also offers crypto futures trading. However, trading hours on CME are determined based on US market hours, not providing uninterrupted trading opportunities 24/7. Coinbase’s introduction of this new model aims to increase liquidity in the market by providing investors with the opportunity to trade at any time of the day and react more promptly to price movements. This move by Coinbase is seen as a significant development in expanding the regulated crypto derivative market in the US. The ability to trade 24/7 provides a significant advantage, especially for investors operating in global markets, and has the potential to alter the overall structure of crypto markets.
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