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Nomura Offers Clients Trading in Bitcoin Derivatives


Japan’s largest broker Nomura has expanded its product line for institutional investors to include bitcoin derivatives. Bloomberg writes about it.

The service is offered by a subsidiary in Singapore, founded in 2018, which serves the interests of clients in Asian countries, except Japan. CEO Tim Albers noted a “significantly” increased interest in digital assets in the past two years.

Previously, the structure launched trading in non-deliverable forwards and options, and now it will add bitcoin futures and options to this list. The step became possible after the first transaction on CME with market maker Cumberland DRW. The current turbulence in the cryptocurrency market did not prevent this.

The company plans to expand trading opportunities in other global markets over time, Albers said.

“We expect that over time the sector will become mature, more regulated and, as a result, more attractive to institutional investors. As a result, volatility will decrease.”Albers predicted.

Recall that in 2018, Nomura, together with Ledger and CoinShares, launched a custody service for institutional investors.

Earlier, ex-employees of investment bank Jefferies announced the opening of Crossover Markets Group, a platform for trading cryptocurrencies focused on financial institutions.

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My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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