derivatives exchange
Coverage of derivatives exchange in the Nexus archive.
- OPEC+ hikes output as prices fall
OPEC+ agreed to increase crude production amid a US-Iran ceasefire, aiming to address falling oil prices and a potential market glut. The United Arab Emirates, which recently exited OPEC+, is also expected to boost output. The war has spurred retail trading in oil derivatives, with the world’s largest derivatives exchange now offering 24/7 contracts for 10-barrel trades.
- Ripple co-founder backs venture launched by US senator's son: Report
Ripple co-founder supports a derivatives exchange venture launched by the son of US Senator Kirsten Gillibrand. Gillibrand stated she has 'no involvement' in her son's exchange, which is backed by at least one industry figure.
- Kraken's parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock
Kraken's parent company Payward is set to acquire derivatives exchange Bitnomial for $550 million in cash and stock. The deal marks a strategic expansion into the derivatives trading sector for Payward, which operates the cryptocurrency exchange Kraken.