LMAX Group to Offer Institutional Crypto Trading with 100x Leverage

according to Bloomberg, London-based company LMAX Group is joining the growing list of exchanges offering leveraged cryptocurrency trading services to institutional clients to meet the speculative market demand from Wall Street and other sectors. The company has an average daily spot trading volume of over $40 billion, covering currencies and digital assets. Currently, LMAX Group is launching cash-settled contracts tied to Bitcoin and Ethereum. These products are known as perpetual futures, allowing traders to hold positions indefinitely without the need for rollover operations.