Mark Weaden
Canada’s largest stock market operator, TMX Group, has revealed plans to release its first cryptocurrency futures product. The decision is catering to institutional investors desire to offset the risks of trading in crypto, with the aim of releasing the product on the Montreal Exchange this year.
A senior manager at TMX, John McKenzie, said in an interview with Reuters that “In crypto, there’s a lot of price volatility so (they’re looking at) how they manage that exposure.”
