Advertisement
UK markets open in 2 hours 48 minutes

  • NIKKEI 225

    38,409.13
    +856.97 (+2.28%)
     

  • HANG SENG

    17,101.54
    +272.61 (+1.62%)
     

  • CRUDE OIL

    83.43
    +0.07 (+0.08%)
     

  • GOLD FUTURES

    2,341.70
    -0.40 (-0.02%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • Bitcoin GBP

    53,483.65
    +67.73 (+0.13%)
     

  • CMC Crypto 200

    1,434.39
    +19.63 (+1.39%)
     

  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Crypto exchange OKEx eyeing launch of Tether margin futures in October

Yogita Khatri

Cryptocurrency exchange OKEx has been preparing to launch Tether (USDT) margin futures next month.

An OKEx spokeswoman told The Block on Monday that the product is currently scheduled to launch in October, but the exact launch schedule is yet to be determined.

The spokeswoman did not comment on specifics of the product, saying: “We will keep you posted when we have further updates.”

Margin futures contracts are a type of derivative product which allow traders to enter into a leveraged position to buy or sell an asset, in this case, USDT, for delivery at a later date.

Several exchanges have been rushing into the crypto derivatives space. Most recently, Binance launched a futures trading platform, dubbed Binance Futures. The platform initially supports BTC/USDT futures with up to 20x leverage.

Last month, Seed CX exchange announced that its subsidiary, Seed SEF, has started testing of its physically-settled bitcoin margin swaps. Startup trueDigital is also looking to soon launch a derivatives exchange that trades physically-settled bitcoin margin swaps.