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SPB Exchange testing Bitcoin index futures

"Trading in cash-settled futures pegged to the Bitcoin price are planned to start as traders and their Internet trading systems become ready," the spokesman of the Exchange’s press service added

MOSCOW, May 28. /TASS/. The St. Petersburg-based SPB Exchange is proactively preparing now to start trading in cash-settled futures pegged to cryptocurrencies and Bitcoin index futures trading are being tested now, a spokesman of the Exchange’s press service told TASS.

"The SPB Exchange is at the proactive phase of preparations to start trading in cash-settled futures linked to the value of cryptocurrencies. The Bitcoin index futures was provided to traders on a test site for configuring trading and recording systems," the spokesman noted.

Relevant supplements are being introduced also to rules of trading in options and futures and clearing.

"Trading in cash-settled futures pegged to the Bitcoin price are planned to start as traders and their Internet trading systems become ready," he added.

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