LMAX Launches Crypto Perpetual Futures

LMAX Group has announced the launch of perpetual futures for its two major crypto pairs, with the promise that more pairs will be added.

The firm says perpetual futures are a “natural extension” to its product portfolio, starting with BTC/USD and ETH/USD. All contracts will be USD settled. LMAX says perpetual futures are entering “a new phase of legitimacy and scale” as regulatory clarity emerges, with trading volumes totalling $60 trillion last year.

It adds that institutional demand for sophisticated, secure digital asset products continues to grow and there is a significant market opportunity in perpetual futures trading. LMAX’s perpetuals offering has been built on its regulated infrastructure, with precise execution and transparent price discovery. 

“This launch enables our clients to confidently participate in digital asset derivatives and capitalise on crypto market momentum through the same trusted, regulated institutional trading infrastructure that handles over $40 billion average daily spot FX and digital assets flow,” says David Mercer, CEO of LMAX Group. “This product further diversifies our client offering and is another milestone as we build the leading global cross-asset marketplace.”

Jenna Wright, managing director, digital assets, LMAX Group, adds, “Launching perpetual futures is a natural extension of our commitment to providing our clients with a comprehensive suite of digital asset trading solutions. The introduction of perpetuals reinforces our position as a trusted partner in the digital asset space, and we are excited about the opportunities that it brings for our clients.”