LCH SA Secures Approval to Clear Bitcoin Derivatives

8 Apr 2024
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GFO-X is today announcing another important milestone in bringing a robust, regulated derivatives marketplace for the trading of Bitcoin.
Today, our partner, LSEG’s LCH SA  announced it has received regulatory approval to clear cash-settled Bitcoin index futures and options contracts trading on GFO-X.
The new dedicated service, LCH Digital Asset Clear is secure, underpinned by a segregated default fund, tailored risk management model, and a dedicated set of clearing rules.
We’ve developed this offer in close consultation with market participants, having seen significant demand to deliver this dedicated trading and clearing service.
GFO-X  is at the forefront of supporting the institutional adoption of digital assets. Read LCH SA’s announcement in full below.

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Global Futures and Options Ltd (GFO-X) is authorised and regulated in the UK by the Financial Conduct Authority ("FCA") with firm reference number 945035

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