The Small Exchange Introduces the First Crypto Stock Index Empowering Investors to Trade the Stocks Behind Crypto, Reports Business Wire
Sep 27, 2021
By Business Wire
"In the last 15 months, the Small Exchange has continued to advocate for retail traders to access simple, smaller contract products and further open the futures marketplace with the introduction of nine products that capitalize on market opportunities with exposure to multiple asset classes including stocks, bonds, commodities, currencies and now crypto. SCCX also offers the same capital efficiency. The SCCX requires 50% less capital than Micro Bitcoin Futures, stocks or ETF that comes out while measuring the performance of 17 stocks that drive the digital asset industry including Coinbase, RIOT, as well as Greyscale BTC and ETH." reports Business Wire.
"SCCX is a way for investors to participate in crypto derivatives without investing in stablecoins and the limited trading capabilities the unregistered crypto markets provide. This product is more capital efficient and less expensive to trade than any potential ETF, single stock, or even more so than Bitcoin futures or Micro Bitcoin futures offered on other markets,” said Don Roberts, the Small Exchange President and CEO. “We are delivering exactly what the retail trader is looking for, the simplicity of a cash settled derivatives product that trades on a registered contract market."
The Small Exchange is making futures markets more accessible to more people with small, standard, and simple products that combine the best of futures and stocks.
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