Wall Street-backed cryptocurrency exchange ErisX has just announced it is launching bitcoin futures trading today.
The crypto trading platform, which in October 2018 it surprisingly announced it was working on a solution to offer its clients a Wall Street level crypto trading experience, has just announced it is about to launch its new product more than a year later.
ErisX will find it difficult to attract investors' interest, as crypto derivatives platform Bakkt has recently launched several interesting instruments, such as cash-settled bitcoin futures and options linked to bitcoin price.
The company's representatives have not made any statements regarding the products the company plans to launch.
According to the announcement shared by the company, the trading of "futures products based on the digital currency" will be available from Monday to Friday from 8:00 a.m. to 4:00 p.m. local time.
The company received in late 2018 a significant investment from US broker TD Ameritrade Holding Corp.
ErisX launched a spot trading platform for cryptocurrencies in April, while in July it received the approval from the CFTC to launch cash-settled bitcoin futures.
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