Platform financial derivatives Eurex, controlled the largest German stock exchange Deutsche Börse is set to launch futures on bitcoin, Ethereum and token XRP Ripple from the company. It is reported by The Block.
As the newspaper notes, Eurex is closely monitoring the cryptocurrency market in 2017 exploring opportunities to launch futures scriptactive. The company also recently held a series of meetings with various representatives of the industry. The exact timing of the launch of new products is still unknown.
“We think about futures in which private and institutional investors can protect their investments in bitcoin, or play in the fall”, — said the representatives of Deutsche Börse, one of the largest exchange organizations in the world.
Eurex is one of the world’s leading derivatives exchanges. It was created in 1998 with the merger of the German derivatives exchange Deutsche Terminbörse and the Swiss Swiss Options and Financial Futures.
On the exchange there are many different futures contracts that are derivative financial instruments from stocks, stock indices, bonds, indexes, volatility, credit and interest rate derivatives. Access to trading on Eurex is provided from different points of the globe.
Recall that the Deutsche Börse is preparing the launch of blockchain-based platform for the securities of technology-based Corda.