Key Takeaways:
- One Trading has obtained an OTF license from the Dutch AFM, enabling it to operate as a regulated crypto derivatives exchange in Europe.
- The license makes One Trading the first cash-settled perpetual futures trading platform in Europe and the only perpetual futures trading venue in the EU.
- CEO Joshua Barraclough emphasized the company’s capability to launch new regulated products, starting with BTC and ETH, where no onshore EU regulated venue currently exists.
One Trading has secured an Organized Trading Facility (OTF) license from the Dutch Authority for the Financial Markets (AFM), allowing it to operate as a regulated crypto derivatives exchange in Europe.
This license establishes One Trading, previously known as Bitpanda Pro, as a Markets in Financial Instruments Directive (MIFID) II trading venue, making it the only perpetual futures trading venue in the EU and the first cash-settled perpetuals platform in Europe.
We are delighted to announce @OneTradingEU has been granted an Organised Trading Facility (OTF) License by the Dutch financial regulator bringing crypto futures onshore in the EU.
— One Trading (@OneTradingEU) July 29, 2024
With this new licence, One Trading becomes the only perpetual futures trading venue in the EU. pic.twitter.com/hzkAVwmlce
Joshua Barraclough, founder and CEO of One Trading, highlighted the company’s position to introduce new regulated products and institutional-grade solutions, starting with BTC and ETH products, where no onshore EU regulated venue currently exists.
The AFM confirmed One Trading as the first crypto company in the Netherlands to receive this type of license.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
His articles offer a deep dive into the latest trends, projects, and technological advancements shaping the future of digital finance.
Check Efe out on:
