Nasdaq

Bybit has launched global index trading features, including FTSE China A50, Nasdaq 100, and Nikkei 225

ChainCatcher news, according to the official announcement, Bybit has announced further enhancements to its MetaTrader 5 (MT5) platform by adding index trading features. Bybit MT5 users can directly use USDT to invest in global indices including those from Hong Kong and mainland China, providing cryptocurrency investors with additional options to invest in traditional markets, further optimizing asset diversity and unlocking investment potential.Bybit MT5 enables users to directly trade traditional assets using USDT, such as commodities, forex, and newly included global major indices, in the form of Contracts for Difference (CFD). This innovation opens the door for cryptocurrency traders to a more diversified portfolio and allows them to deploy complex cross-asset trading strategies.Most importantly, it enables Bybit users to achieve broader trading goals in a crypto-native way. The newly added 17 global indices include the China A50 Index cash CFD (USD), Hang Seng Index cash CFD (HKD), Dow Jones Index cash CFD (USD), Nasdaq 100 cash, Nikkei Index cash CFD (JPY), and more.The Bybit MT5 platform offers real-time data, highly customizable features, and sophisticated market analysis tools, backed by Bybit's top-tier liquidity and hundreds of popular trading pairs, deeply integrating cryptocurrency and traditional assets to meet the ever-changing needs of users.

The SEC approves options for the BlackRock Bitcoin ETF listed on Nasdaq

According to ChainCatcher news, as reported by Decrypt, the U.S. Securities and Exchange Commission (SEC) has approved a rule change allowing the Nasdaq International Securities Exchange to list and trade options on BlackRock's spot Bitcoin ETF (iShares Bitcoin Trust, referred to as IBIT). This decision marks a step forward in expanding the range of Bitcoin-related derivatives, providing investors with additional tools to manage exposure to the world's largest cryptocurrency.Since regulators approved several Bitcoin-related ETFs in the U.S., BlackRock has been seeking approval for such listings at least since March of this year. The SEC's approval came after several amendments submitted by Nasdaq ISE aimed at addressing concerns about manipulation and excessive risk-taking in the emerging crypto options market.IBIT options will be physically settled and will use American-style exercise, providing hedging services for investors looking to manage Bitcoin-related risks. Despite the approval, the SEC's actions still stem from ongoing concerns about the potential risks of cryptocurrency derivatives. Comment letters submitted during the review process highlighted worries about market volatility and the broader integration of cryptocurrencies with traditional financial markets. Some urged the SEC to delay approval until the Bitcoin market stabilizes further. In any case, the SEC found that the exchange's surveillance mechanisms, including real-time monitoring and a cross-market surveillance sharing agreement with the Chicago Mercantile Exchange, were sufficient to prevent manipulation.
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