Key Takeaways
- • StoneX Financial Pte. Ltd. (SFP), its Singapore-based subsidiary, became a first-day clearer of SGX Crypto Perpetual Futures, per a December 1, 2025 StoneX announcement.
- • SGX's Bitcoin and Ether perpetual futures launched on November 24, 2025, offered to accredited and institutional investors, and are exchange-cleared within a regulated framework.
- • Per SGX-related coverage in the publisher context, the contracts have recorded roughly $6 billion in cumulative trading volume since launch, and SGX obtained CFTC authorization under Regulation 48.10 allowing U.S. institutional investors to trade them.
- • StoneX positions the product as offering capital efficiency, transparent funding, and arbitrage opportunities for clients across crypto and traditional markets.
Summary
According to StoneX, the instruments combine crypto-native design with regulated clearing, offering capital efficiency, transparent funding, and arbitrage opportunities across markets. Greg Kallinikos, CEO of StoneX APAC, said the addition gives clients further options to trade the full suite of crypto futures available through StoneX's regulated setup.
Pol de Win, Head of Global Sales & Origination at SGX Group, said SGX developed a risk-management solution that allows cryptocurrency to be traded and cleared like other institutional-grade assets, and described StoneX as a key partner in the launch.
Secondary coverage in the publisher context reports that SGX said the trading is available to accredited and institutional investors, and that SGX has obtained CFTC authorization under Regulation 48.10 for U.S. institutional investors. One item reports roughly $6 billion in cumulative trading volume since the November launch. These figures come from third-party summaries and have not been confirmed in the primary release.
StoneX, a Fortune 50 company headquartered in New York City with more than 5,600 employees, describes its role as a clearing and market-access provider for institutional and retail clients across more than 80 offices.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.