Interactive Brokers adds nano Bitcoin, Ether futures via Coinbase partnership
Get Alerts IBKR Hot Sheet
Join SI Premium – FREE
Interactive Brokers Group Inc. (NASDAQ: IBKR) announced the launch of Coinbase Derivatives nano Bitcoin and nano Ether futures contracts on its trading platform. The contracts are available with monthly expirations or as perpetual-style contracts, with 24/7 trading availability.
The nano futures feature smaller contract sizes of 0.01 Bitcoin and 0.10 Ether, designed to lower entry costs and allow for more precise position sizing. Perpetual-style futures are structured as long-dated contracts that track the spot price of cryptocurrency, reducing the frequency of contract rollovers.
The products are available to eligible clients through Interactive Brokers' platform, which provides access to more than 170 markets worldwide. Trading is available around the clock except for scheduled exchange maintenance on Fridays from 5:00 p.m. to 6:00 p.m. Eastern time.
"Perpetual-style crypto futures have become popular with traders because they provide long-dated exposure and greater flexibility," said Milan Galik, chief executive officer of Interactive Brokers. "By offering nano-sized Bitcoin and Ether futures on a regulated exchange, we are expanding access to these products with smaller contract sizes and lower margin requirements."
Greg Tusar, co-CEO of Coinbase Institutional, said the nano-sized contracts are designed to lower barriers to entry and provide more investors access to digital assets in a regulated environment.
The company noted that eligibility to trade crypto-related products may vary based on jurisdiction. Interactive Brokers provides automated trade execution and custody services across global markets from its unified platform.
Create E-mail Alert Related Categories
Corporate News, Hot Corp. NewsRelated Entities
Barron's, Hedge Funds, Bitcoin, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share