One Trading Launches Perpetual Crypto Futures

Digital assets exchange One Trading has announced the formal launch of its regulated perpetual futures trading venue for institutional investors, saying it becomes the only MiFID II-regulated crypto perpetual futures trading venue in the EU and the first fully regulated, cash-settled perpetual futures platform in Europe.

It offers BTC/EUR and ETH/EUR perpetual futures trading pairs in the EU, thanks to an OTF (Organised Trading Facility) licence from the Dutch Authority for the Financial Markets (AFM), which was granted last year.

The platform claims to be the first globally to offer real-time settlement of all derivative positions 24/7, with a sub-1-minute settlement time. Although it has just launched, it also claims “as the fastest trading venue in the world”, that it processes over 1 million orders per second and has public execution latencies of less than 70 microseconds, while maintaining seamless horizontal scalability without performance degradation.

“As the only regulated exchange that integrates derivatives product creation and trading without the need for external clearing, One Trading challenges existing financial market infrastructure as the first to eliminate costly post-trade processes in favour of a clear, safe, and robust structure.,” the firm states.

One Trading says “a number of market participants” are live on the platform providing liquidity and it will soon announce an expansion to eligible retail clients. 

“From the start, our goal has been to simplify trading by making markets more accessible, transparent, and cost-effective,” says Joshua Barraclough, CEO of One Trading. “Today, we are delivering on that vision with the launch of a fully regulated, vertically integrated onshore exchange for perpetual futures. Customers will no longer need to pay vast fees in margin to get access to leverage, trade CFDs or need to trade on unregulated offshore venues.”