Nodal Clear Announces Clearing Support for 24×7 Trading on Coinbase Derivatives Exchange – CryptoMode
Washington – (Business Wire) –Nodal Clear announced that from today, it will offer compensation support for 24 × 7 trading (24 hours a day) of selections of cryptocurrency contracts on Coinbase Derivatives Exchange (CDE). The new structure allows 24-hour trading, for a subset of contracts, in particular:
- Bitcoin Futures (BTI) – 1 bitcoin
- Future ether (ETI) – 10 Ether
- Nano Bitcoin Futures (bit) – 1 / 100th of bitcoin
- Nano Ether Futures (and) – 1/10 of ether
This decision represents an important step in the history of global compensation because it allows a continuous erased exchange, including the weekend and the holidays, for the first time for marginated term contracts.
“”Nodal Clear is proud to be the first compensation house to provide 24 × 7 compensation for margined term contracts. This innovation reflects our commitment to provide operational excellence for our members of compensation, Coinbase derivatives Exchange and its commercial community, “said Paul Cusenza, president and chief executive officer of Nodal Clear.”Our unique risk management approach distinguishes us and allows us to support continuous trading. »»
Boris Ilyevsky, CEO of Derivative Coinbase, “said:”Coinbase derivatives is proud to be the first American term exchange to offer 24 × 7 margineed contracts in partnership with Nodal Clear. Our platform was specially designed for this moment, combining a crypto-native state of mind with the infrastructure and regulatory rigor required to modernize the American markets. This launch brings trading in term crypto in synchronization with the global markets of 24 -hour cryptography. ”
For more information on how Nodal Clear supports 24 × 7 operations of CDE, please contact clearlingsupport@nodalclear.com or call 703-962-9860
About Nodal Clear
Nodal Clear is a derived organization of compensation (DCO) in accordance with the law on the exchange of goods and is regulated by the CFTC. Nodal Clear provides central counterpart compensation services to nodal exchange and exchange of Coinbase derivatives. Thanks to the novation process, the compensation house becomes the buyer of each seller and the seller to each buyer, considerably reducing exposure to credit risk of market players. Strong Nodal Clear risk management practices create a solid market infrastructure for trading. Nodal Clear uses a tailor -made portfolio margin methodology which marks appropriately and provides efficiency gains for market players. More information is available at www.nodalclear.com
Contacts
Contact nodal clear press:
Nicole Ricard
Marketing chief
Telephone: 703-962-9816
Email: ricard@nodalexchange.com
