新加坡交易所（SGX）計劃進入加密貨幣衍生品市場

新加坡交易所（SGX）計劃通過在2025年下半年引入比特幣永久期貨進入加密貨幣衍生品市場

The Singapore Exchange (SGX) is planning to introduce Bitcoin perpetual futures in the second half of 2025, according to Bloomberg. The move, which is still subject to approval from the Monetary Authority of Singapore (MAS), aims to cater to the growing institutional interest in digital assets.

據彭博社稱，新加坡交易所（SGX）計劃在2025年下半年引入比特幣永久期貨。此舉仍需要獲得新加坡貨幣當局（MAS）的批准，旨在迎合數字資產中日益增長的機構利益。

SGX's entry into crypto derivatives comes amid increasing demand from institutional players.

SGX進入加密衍生品的進入，在機構參與者的需求不斷提高。

Bitcoin futures are already offered by major exchanges in other parts of the world, but this will be the first time that such products are available on a regulated exchange in Southeast Asia.

比特幣期貨已經由世界其他地區的主要交易所提供，但這將是第一次在東南亞的監管交流中獲得此類產品。

According to reports, the new offering will allow traders to speculate on the price movements of Bitcoin without holding the actual asset.

據報導，新產品將允許交易者推測比特幣的價格變動，而無需持有實際資產。

The move by SGX is part of a broader trend in Asia, with other major exchanges also exploring Bitcoin futures offerings.

SGX的舉動是亞洲更廣泛的趨勢的一部分，其他主要交易所也探索了比特幣期貨。

Earlier this year, Japan's Osaka Dojima Exchange applied for regulatory approval to list Bitcoin futures, potentially making it one of the first traditional exchanges in the region to offer such products.

今年早些時候，日本的大阪杜吉馬交易所（Osaka Dojima Exchange）申請了監管機構批准，以列出比特幣期貨，這可能使其成為該地區最早提供此類產品的傳統交易所之一。

According to sources, several firms, including Mizuho Securities and Nomura Securities, expressed interest in handling the futures brokerage at the start of the year.

消息人士稱，包括瑞穗證券和野村證券在內的幾家公司表示有興趣在年初處理期貨經紀。

Moreover, EDX Markets, a crypto asset firm backed by Citadel Securities and seven other U.S. market makers, announced plans to introduce crypto futures in Singapore by early 2025.

此外，由Citadel Securities和其他七個美國做市商支持的加密資產公司EDX Markets宣布了計劃在2025年初引入新加坡的加密貨幣期貨計劃。

Derivatives like perpetual futures provide exposure to cryptocurrency price movements without requiring direct ownership, making them an attractive option for institutions looking to hedge risk or gain speculative exposure.

永久期貨這樣的衍生產品提供了對加密貨幣價格變動的敞口，而無需直接所有權，這使它們成為希望對沖風險或獲得投機敞口的機構的有吸引力的選擇。

With SGX entering the space, Singapore is poised to strengthen its position as a key player in institutional crypto adoption.

隨著SGX進入該空間，新加坡有望加強其作為機構加密採用的關鍵參與者的地位。

If approved, the Bitcoin perpetual futures launch could mark another step in the city-state's expanding role in the global digital asset market.

如果獲得批准，比特幣永久期貨推出可能標誌著城市國家在全球數字資產市場中不斷擴大的角色的又一步。

Meanwhile, the global derivatives marketplace CME Group announced plans last year to broaden its cryptocurrency derivatives offering with Bitcoin and Ether futures.

同時，全球衍生品市場CME集團去年宣布了計劃，以擴大其使用比特幣和以太期貨的加密貨幣衍生品。

Giovanni Vicioso, the Global Head of Cryptocurrency Products at CME Group, commented: "The launch of these new Micro Euro-denominated contracts will provide clients with additional products to more efficiently hedge Bitcoin and ether exposure in the second-highest traded fiat behind US dollar-based contracts."

CME Group的全球加密貨幣產品負責人Giovanni Vicioso評論說：“這些新的微型歐元計數的合同的啟動將為客戶提供其他產品，以更有效地對沖比特幣和以太幣在第二高的菲亞特（FIAT）之後的美元基於美元的基於美元的合同之後。”