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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 10 sources · 6 days · First seen · Last updated
OG.com Markets expansion in regulated derivatives
Overview
OG.com Markets, an independent platform spun out from Crypto.com, is expanding its presence in regulated derivative markets. The firm has filed with the U.S. Commodity Futures Trading Commission (CFTC) to seek approval for cash-settled perpetual futures linked to individual U.S. stocks. These contracts would allow for 24/5 trading without expiration dates.
Additionally, the firm’s peer-to-peer prediction market, OG Trading Market, is active in the United States under a CFTC-regulated framework. The platform allows users to trade event contracts directly against one another, and it has introduced welcome promotions for new customers to trade various sporting events, including college football and NFL matchups.
Entities
Timeline
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[BUSINESS] 5 sourcesOG Trading Market offers welcome bonuses for sports event trading
OG Trading Market is offering new US customers a $25 welcome bonus upon trading $25 on its CFTC-regulated peer-to-peer prediction market.
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[BUSINESS] 5 sourcesOG.com Markets seeks CFTC approval for single-stock perpetual futures
OG.com Markets is seeking CFTC approval to launch cash-settled single-stock perpetual futures that trade 24/5 without expiration, mirroring a popular derivative format used in crypto markets.
Sources
al.com · criptotendencias.com · crossingbroad.com · cryptobreaking.com · en.coinotag.com · haiti24.net · masslive.com · oregonlive.com · saturdaydownsouth.com · tokenpost.com