LMAX Group will provide institutions with 100x leverage cryptocurrency trading

According to Bloomberg, London-based LMAX Group is joining the ranks of more and more exchanges that provide leveraged cryptocurrency trading services to institutional clients to meet speculative market demand in Wall Street and other fields. The company's average daily spot trading volume exceeds $40 billion, covering currency and digital assets. Currently, LMAX Group is launching cash settlement contracts pegged to Bitcoin and Ethereum. These products are called perpetual futures, allowing traders to hold positions indefinitely without rolling.