Japanese Brokerage Giant Nomura Starts Offering Bitcoin (BTC) Derivatives in Asia

– Japanese brokerage giant Nomura Holdings has started offering Bitcoin derivatives to its institutional clients due to high demand.
– Nomura shall be offering Bitcoin non-deliverable forwards and non-deliverable options settled in cash.
– Its clients can start trading Bitcoin futures and options in the market.
– As per the Bloomberg report, Nomura carried out the first trade earlier this week on CME Group Inc.’s platform.
– Nomura’s decision to expand in global markets comes at a very critical time.
– The crypto market has eroded more than $300 billion of investors’ wealth over the last 45 days.
– The Federal Reserve is likely to go aggressive with interest rate hikes this year to control the soaring inflation.
– The chances of a recession in the U.S. are higher if it reports a second consecutive quarter of negative GDP.

 

 

Nomura Bitcoin Derivatives Japanese Brokerage Giant Nomura Starts Offering Bitcoin (BTC) Derivatives in Asia
Japanese Brokerage Giant Nomura Starts Offering Bitcoin (BTC) Derivatives in Asia 2

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