Key Takeaways
- • One Trading, the Netherlands-based EU trading venue authorized under both MiFID II and MiCAR, has launched cash-settled equity futures offering up to 10x leverage with 24/7 trading access.
- • Kaiko Indices will serve as reference rate provider for the new equity contracts, extending its existing role from One Trading's crypto futures.
- • The launch is One Trading's first application of its platform infrastructure to a traditional asset class, following crypto futures introduced in 2025 with $8 billion in cumulative volume.
- • Equity futures carry a 5-year expiry and are available to institutional and eligible retail clients, subject to eligibility and jurisdiction.
Summary
One Trading has launched equity futures on its platform, according to a company announcement published by Kaiko and One Trading. The contracts are cash-settled, carry a 5-year expiry and offer leverage of up to 10x, and can be traded around the clock. One Trading describes itself as the EU's first trading venue authorized under both MiFID II and MiCAR, and the platform is regulated in the Netherlands by the Dutch Authority for the Financial Markets (AFM). Access is offered to institutional and eligible retail clients.
The launch extends One Trading's product set beyond digital assets. Since introducing crypto futures in 2025, the platform has offered continuous access to cash-settled products on pairs including BTC/USD and ETH/USD, representing $8 billion in cumulative volume since 2025, per the company. The company says the equity contracts are the first time its infrastructure has been applied to a traditional asset class.
Kaiko Indices, which already provides reference rates for One Trading's crypto derivatives, will supply reference rates for pricing and settlement of the equity contracts. Kaiko describes itself as a regulated Benchmark Administrator under the EU BMR framework and IOSCO-compliant. One Trading CEO Joshua Barraclough said the company aims to offer a complete range of regulated leveraged products spanning crypto and equities. Anne-Claire Maurice, Managing Director, Quant Data at Kaiko, said equity futures require reference rates that remain reliable around the clock.
The announcement includes a standard risk warning noting that futures are leveraged products carrying a high level of risk, and that losses on One Trading are limited to funds in the account. Detailed contract specifications and volume data beyond the figures cited were not available in the source material.
The launch extends One Trading's product set beyond digital assets. Since introducing crypto futures in 2025, the platform has offered continuous access to cash-settled products on pairs including BTC/USD and ETH/USD, representing $8 billion in cumulative volume since 2025, per the company. The company says the equity contracts are the first time its infrastructure has been applied to a traditional asset class.
Kaiko Indices, which already provides reference rates for One Trading's crypto derivatives, will supply reference rates for pricing and settlement of the equity contracts. Kaiko describes itself as a regulated Benchmark Administrator under the EU BMR framework and IOSCO-compliant. One Trading CEO Joshua Barraclough said the company aims to offer a complete range of regulated leveraged products spanning crypto and equities. Anne-Claire Maurice, Managing Director, Quant Data at Kaiko, said equity futures require reference rates that remain reliable around the clock.
The announcement includes a standard risk warning noting that futures are leveraged products carrying a high level of risk, and that losses on One Trading are limited to funds in the account. Detailed contract specifications and volume data beyond the figures cited were not available in the source material.
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