The Singapore Exchange (SGX) reported a trading volume of approximately $35 million on the first day of its Bitcoin and Ethereum perpetual futures contracts. Nearly 2,000 contracts were traded, with a closing open interest of about 58 contracts valued at $1 million. The trading session featured tight spreads and stable funding rates at 3 basis points, reflecting robust liquidity. Eight clearing members, including Bright Point and Guotai Junan Futures, supported the launch.
Singapore Exchange Launches Bitcoin and Ethereum Futures with $35M Volume
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