The offerings, which are subject to regulatory review, would add micro-sized and larger-sized contracts for the altcoins on the organization’s leading derivatives exchange.
"Our new micro- and larger-sized Avalanche and Sui futures will provide clients with greater choice, enhanced flexibility and more capital efficiencies across our deeply liquid, regulated Crypto derivatives complex," said CME Global Head of Crypto Products Giovanni Vicioso, in a statement.
“We continue to see strong volumes as market participants turn to our markets to manage risk and pursue opportunities, with March average daily volume up 19% year-over-year and nearly $8 billion in average notional value traded daily,” he added.
“With sustained and increasing interest in digital assets, we welcome the continued rollout of additional derivatives tailored to high-growth crypto assets," said Isaac Cahana, CEO of licensed futures trading provider Plus500US, in a statement.
“These new contracts further broaden access for our global customers, allowing them to participate in evolving markets with greater flexibility and improved capital efficiency,” Cahana added.
