Cboe Wins CFTC Nod for Margin Trades on Crypto Futures Exchange

June 5, 2023, 9:54 PM UTC

Traders on Cboe Global Markets Inc.’s digital-asset exchange will soon be able to enter into margined Bitcoin and Ether futures contracts after the firm received a critical regulatory sign-off on Monday.

Cboe Digital won approval from the Commodity Futures Trading Commission to offer physically and financially settled margined contracts beginning in the second half of this year, according to a statement.

The exchange has so far offered only fully collateralized trading of crypto futures. Those agreements require clients to put up the entire amount of a contract before trading. Margined trading will allow traders to post less capital when ...

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