TechFlow news, December 9: According to CoinDesk, Singapore Exchange (SGX) bitcoin and ether perpetual futures have continued to grow since their launch two weeks ago, reaching a cumulative trading volume of $250 million. SGX CEO Michael Syn said these products are attracting new liquidity rather than funds diverted from other exchanges. Institutional investors are primarily using these regulated contracts for spot-futures arbitrage, not simple long positions. Unlike unregulated markets, SGX employs more conservative margin management to avoid issues of automatic liquidations due to high leverage. The exchange aims to establish its BTC/ETH perpetual futures as benchmark contracts during Asian trading hours, providing regional investors with reliable pricing and liquidity references.
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