Clayton Passero said that StoneX Financial Group’s Managing Director, and Head of Futures Online Futures, Clayton Passero:
StoneX’s commitment is to provide our clients greater access to financial markets in order to maximize their trading needs. 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.
Nodal Clear acts as a central counterparty clearing organization for Nodal Exchange Derivatives Exchange and Coinbase Derivatives Exchange. It minimizes credit risk for all market participants by acting as both the buyer and seller of every transaction.
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 the CEO of CDE, Boris Ilyevsky. “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.
The first to appear was StoneX partners Coinbase in offering crypto contracts