March 10, 2025 - 16:33
The Singapore Exchange (SGX) has announced plans to introduce bitcoin perpetual futures in the latter half of 2025, aiming to cater specifically to institutional clients and professional investors. According to reports, the exchange believes that this new offering will greatly enhance access for institutional players to the cryptocurrency market. A spokesperson highlighted that the initiative is designed to meet the growing demand for regulated and efficient trading options in the digital asset space.
Importantly, the exchange has made it clear that retail customers will not be permitted to trade these futures, ensuring that the products are exclusively available to sophisticated investors. This move reflects a broader trend in the financial markets, where institutions are increasingly looking to engage with cryptocurrencies through regulated platforms. As the landscape of digital assets continues to evolve, SGX's forthcoming launch is expected to play a significant role in shaping institutional participation in the cryptocurrency market.
June 11, 2025 - 02:53
Key Market Indicators to Watch This WeekAs Wall Street gears up for an eventful Wednesday, June 11, investors are keeping a close eye on several significant developments that could shape market trends. Among the highlights are earnings...
June 10, 2025 - 23:59
TopLine Financial Credit Union Earns Prestigious Gold Award in Financial ServicesTopLine Financial Credit Union has been recognized as the leading credit union in Minnesota, receiving the coveted “Gold” award in the Financial Services Credit Union category. This accolade...
June 10, 2025 - 05:31
New Initiative Aims to Empower Chicago Residents with Financial Savings ProgramIn an innovative pilot program, Compass Working Capital is set to assist eligible families in Chicago by enabling them to participate in a federal initiative designed to transform rent payments...
June 9, 2025 - 18:11
Implications of the 'Big Beautiful Bill' on Your Utility ExpensesThe proposed `Big Beautiful Bill` could significantly impact household energy costs, potentially leading to increased expenses for homeowners. If enacted, the legislation aims to promote energy...