LMAX Group, a London-based trading venue, is set to offer institutional clients up to 100x leverage in cryptocurrency trading. The firm, which handles over $40 billion in daily spot trading volume, is launching cash-settled perpetual futures contracts pegged to Bitcoin and Ethereum. These contracts allow traders to maintain positions indefinitely without rollovers, catering to the growing demand for leveraged trading options among institutional investors. CEO David Mercer highlighted the new offering as part of LMAX's strategy to expand speculative market services to Wall Street and beyond.