Coinbase Derivatives Expands Reach with Integration on Trading Technologies Platform

Tuesday, 19/12/2023 | 15:59 GMT by Tareq Sikder
  • Enabling access via the TT platform, the exchange offers traders tools like Autospreader, ADL and Aggregator.
  • The exchange, launched in May, initially provided perpetual futures contracts for BTC and ETH.
Coinbase

Coinbase Derivatives Exchange, a futures exchange licensed by the U.S. Commodity Futures Trading Commission , has announced the availability of its crypto futures products on the Trading Technologies International, Inc. (TT) platform.

Trading Technologies and Coinbase Derivatives Join Forces

This integration allows TT customers, including institutional and professional traders, to directly trade regulated cryptocurrency futures from the TT platform.

Randy Myers, Head of Crypto at Trading Technologies
Randy Myers, Head of Crypto, Trading Technologies, Source: LinkedIn

Randy Myers, the Head of Crypto at Trading Technologies, expressed enthusiasm about providing access to Coinbase Derivatives Exchange through the TT platform, offering traders market-leading tools, such as Autospreader, ADL, and Aggregator.

The collaboration between Coinbase Derivatives Exchange and Trading Technologies aims to enhance the digital asset derivatives trading landscape, providing users with a seamless experience. This partnership aligns with Coinbase Institutional's goal of expanding institutional access and adoption of digital asset derivatives.

Traders, hedgers, and brokers using TT now have access to both "Nano"-sized Bitcoin and Ether futures (1/100th BTC and 1/10th ETH) and institutional-sized futures (1 BTC and 10 ETH).

"Trading Technologies is a key partner for facilitating institutional access to and the continued growth of our suite of crypto futures products," said Boris Ilevsky, the Head of Coinbase Derivatives Exchange. "Coupled with increasing support from the FCM community, this collaboration marks a major milestone for institutional demand and adoption of CFTC regulated crypto derivatives.โ€

May Launch: Coinbase's Introduction of Perpetual Futures Contracts

Earlier, Finance Magnates reported that Coinbase introduced a global cryptocurrency derivatives exchange shortly after revealing its move to an offshore jurisdiction with a Bermuda license. The U.S.-based digital asset exchange clarified that the new platform is exclusively available to eligible non-U.S. institutional traders. The platform, which went live in May, initially featured Bitcoin and Ether perpetual futures contracts.

Coinbase emphasized that the current leverage was capped at 5x, and all trades would be settled in the stablecoin USD Coin. In a blog post, Coinbase noted that the launch aligns with the increasing adoption of regulatory frameworks in various markets, positioning them as cryptocurrency hubs.

Coinbase Derivatives Exchange, a futures exchange licensed by the U.S. Commodity Futures Trading Commission , has announced the availability of its crypto futures products on the Trading Technologies International, Inc. (TT) platform.

Trading Technologies and Coinbase Derivatives Join Forces

This integration allows TT customers, including institutional and professional traders, to directly trade regulated cryptocurrency futures from the TT platform.

Randy Myers, Head of Crypto at Trading Technologies
Randy Myers, Head of Crypto, Trading Technologies, Source: LinkedIn

Randy Myers, the Head of Crypto at Trading Technologies, expressed enthusiasm about providing access to Coinbase Derivatives Exchange through the TT platform, offering traders market-leading tools, such as Autospreader, ADL, and Aggregator.

The collaboration between Coinbase Derivatives Exchange and Trading Technologies aims to enhance the digital asset derivatives trading landscape, providing users with a seamless experience. This partnership aligns with Coinbase Institutional's goal of expanding institutional access and adoption of digital asset derivatives.

Traders, hedgers, and brokers using TT now have access to both "Nano"-sized Bitcoin and Ether futures (1/100th BTC and 1/10th ETH) and institutional-sized futures (1 BTC and 10 ETH).

"Trading Technologies is a key partner for facilitating institutional access to and the continued growth of our suite of crypto futures products," said Boris Ilevsky, the Head of Coinbase Derivatives Exchange. "Coupled with increasing support from the FCM community, this collaboration marks a major milestone for institutional demand and adoption of CFTC regulated crypto derivatives.โ€

May Launch: Coinbase's Introduction of Perpetual Futures Contracts

Earlier, Finance Magnates reported that Coinbase introduced a global cryptocurrency derivatives exchange shortly after revealing its move to an offshore jurisdiction with a Bermuda license. The U.S.-based digital asset exchange clarified that the new platform is exclusively available to eligible non-U.S. institutional traders. The platform, which went live in May, initially featured Bitcoin and Ether perpetual futures contracts.

Coinbase emphasized that the current leverage was capped at 5x, and all trades would be settled in the stablecoin USD Coin. In a blog post, Coinbase noted that the launch aligns with the increasing adoption of regulatory frameworks in various markets, positioning them as cryptocurrency hubs.

About the Author: Tareq Sikder
Tareq Sikder
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A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

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