SIX’s BME Clearing Greenlit for Digital Asset Derivatives Trading in Europe

SIX’s BME Clearing Greenlit for Digital Asset Derivatives Trading in Europe

(IN BRIEF) BME Clearing, a Spanish central counterparty (CCP) and part of the SIX Group, has received regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV) to clear Bitcoin and Ethereum futures denominated in USD under EU regulations. This approval marks the introduction of a new segment for Digital Asset Derivatives, providing a secure and highly regulated environment for trading, clearing, and cash settlement of digital asset futures. The move responds to institutional demand for regulated access to digital assets and is seen as a significant step in empowering the digital asset ecosystem.

(PRESS RELEASE) ZÜRICH, 7-Sep-2022 — /EuropaWire/ — SIX Group, the operator of the infrastructure for the Swiss financial centre, announces that BME Clearing, the Spanish central counterparty (CCP) and a proud member of the SIX Group, has received regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV) to clear Bitcoin and Ethereum futures denominated in USD under the EU regulatory framework. This significant development marks the introduction of a new era for digital assets, bringing them into a secure and highly regulated environment.

BME Clearing is excited to introduce the Digital Asset Derivatives segment, which represents a pivotal moment in the evolution of the digital asset landscape. This new segment is set to revolutionize the trading, clearing, and cash settlement of digital asset futures, offering a robust and dependable platform for market participants.

José Manuel Ortiz, Head of Clearing and Repo Operations at SIX, expressed his delight at the regulatory approval for this groundbreaking segment, saying, “This milestone reflects our dedication to empowering institutions, clients, and investors with innovative solutions. It contributes to the continued growth of the digital asset ecosystem and ensures a secure and efficient trading experience for all our valued customers.”

The decision to create this new segment is a direct response to the growing demand from institutional players for regulated access to digital assets. BME Clearing is committed to providing a solution that aligns with the evolving needs of the financial industry.

Media contact:

Jürg Schneider
MEDIA RELATIONS
Head Media Relations
+41 58 399 2129

SOURCE: SIX