The Singapore Exchange (SGX) derivatives division is set to introduce cryptocurrency perpetual futures contracts on November 24. This new offering will allow institutional investors to trade Bitcoin and Ethereum perpetual contracts, combining the structure of the global derivatives market with the flexibility of cryptocurrency trading. The contracts will be benchmarked against the iEdge CoinDesk Crypto Index, aligning with widely used institutional benchmarks for price discovery. This move follows an earlier announcement by SGX's CEO in August, indicating plans to list these contracts by year-end.