Report Shows Derivative Exchanges Register Record Volumes From Institutional Traders

Report Shows Derivative Exchanges Register Record Volumes From Institutional Traders

Bitcoin (BTC) derivatives want to become a new attracting for investors in 2019. The Chicago Mercantile Exchange (CME), the only regulated futures exchange, hit a new all-time high in trading volume as the market expands. BitMEX has also experienced an increase in the trading volume.

Derivatives Market Could Improve Throughout 2019

Although virtual currency spot exchanges are growing and registered an important trading volume increase since the beginning of the current year, derivative exchanges have also gathered attention from different individuals and investors in the market.

There are other platforms such as CoinFlex that launched two futures contracts. The firm has already received support from other investors such as Digital Currency Group and Polychain. During a conversation with Diar, Timothee Noat, the COO of Skey, the recent development of physically-settled futures adds to the development of the financial infrastructure that helps reduce market manipulation.

In addition to it, Deribit, that focuses on options, has also reached record volumes month-on-month. This Dutch trading venue has also emulated traditional financial infrastructure by allowing chat-rooms and negotiating off the exchange that would be securing traders better pricing before execution.

This shows that the crypto market grows as a whole rather than in just a few sectors. Both spot and derivatives markets are growing and expanding in this new bull trend that has attracted new investors and individuals to the space.