StoneX Group Inc, Coinbase Derivatives Exchange (CDE) and Nodal Clear jointly announced that clients of StoneX Financial Inc. now have access to the full suite of CDE contracts cleared by Nodal Clear.
“We are happy that StoneX customers will now have the ability to participate in all the markets that Nodal Clear serves.”
This includes CDE nano Bitcoin futures (BIT) and nano Ethereum futures (ET) contracts, sized at 1/100th and 1/10th of the underlying commodity, respectively, and provides retail traders access to liquid crypto markets.
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“StoneX is committed to providing our clients with greater choice and access across financial markets to maximize their futures trading needs,” said Clayton Passero, Managing Director and Head of Futures Online, StoneX Financial Group. “This agreement enables StoneX clients to access Coinbase’s robust portfolio of products while benefiting from StoneX’s high-value and transparent clearing and execution services.”
“We are excited to have StoneX offer our futures contracts and look forward to their significant reach and distribution contributing to the quality of our already liquid futures markets,” said Boris Ilyevsky, CEO of CDE. “StoneX’s retail customers will be able to trade accessible futures contracts tailored to their level of risk, and we plan to make larger contracts available to satisfy growing institutional demand.”
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“We are pleased to expand our clearing relationship with StoneX so that its customers can now access Coinbase Derivatives Exchange products and services,” said Paul Cusenza, Chairman & CEO of Nodal Clear. “We are happy that StoneX customers will now have the ability to participate in all the markets that Nodal Clear serves.”
About StoneX Group Inc.
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders, and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high touch service and deep expertise. StoneX Group Inc. strives to be the one trusted partner to its clients, providing its network, product, and services to allow them to pursue trading opportunities, manage their market risks, make investments, and improve their business performance.
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