PANews reported on November 25th that, according to CoinDesk, the Singapore Exchange (SGX) saw nearly 2,000 contracts traded on its first day of trading for Bitcoin and Ethereum perpetual futures, with a notional value of approximately $35 million. The closing open interest was approximately 58 contracts, worth about $1 million. Trading data showed tight spreads and stable funding rates at 3 basis points, indicating healthy liquidity. Eight clearing members participated in the support, including Bright Point, Guotai Junan Futures, KGI, Marex, Nan Hua, Orient Futures, Phillip Nova, and StoneX.PANews reported on November 25th that, according to CoinDesk, the Singapore Exchange (SGX) saw nearly 2,000 contracts traded on its first day of trading for Bitcoin and Ethereum perpetual futures, with a notional value of approximately $35 million. The closing open interest was approximately 58 contracts, worth about $1 million. Trading data showed tight spreads and stable funding rates at 3 basis points, indicating healthy liquidity. Eight clearing members participated in the support, including Bright Point, Guotai Junan Futures, KGI, Marex, Nan Hua, Orient Futures, Phillip Nova, and StoneX.
The Singapore Exchange saw approximately $35 million in trading volume on its first day of trading for Bitcoin and Ethereum perpetual futures.
PANews reported on November 25th that, according to CoinDesk, the Singapore Exchange (SGX) saw nearly 2,000 contracts traded on its first day of trading for Bitcoin and Ethereum perpetual futures, with a notional value of approximately $35 million. The closing open interest was approximately 58 contracts, worth about $1 million. Trading data showed tight spreads and stable funding rates at 3 basis points, indicating healthy liquidity. Eight clearing members participated in the support, including Bright Point, Guotai Junan Futures, KGI, Marex, Nan Hua, Orient Futures, Phillip Nova, and StoneX.
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