One Trading, previously known as Bitpanda Pro has received an organized trading facility license from the Dutch Authority for the Financial Markets.
The first regulated European crypto derivatives exchange
This license allows One Trading to operate as a Markets in Financial Instruments Directive II trading venue.
This means from now it enables the company to trade cryptocurrencies, digital assets and derivatives, making it the first cash-settled perpetuals platform in Europe, including the UK.
This approval also marks One Trading as the first regulated derivatives exchange in Europe accessible to retail clients.
This is a huge change in the crypto and derivatives trading sector within Europe, because with the new license, One Trading wants to transform the trading of derivatives by bringing crypto futures onshore in the EU.
Their approach includes bringing crypto derivatives as instruments traded on a trading venue, promising greater regulatory oversight and customer protection.
Crypto derivatives and products for every investors
One Trading positions its products as a modern alternative to traditional futures provided by venues like the CME or Eurex.
The new products will be simpler and more capital-efficient than traditionally cleared derivatives like dated futures.
Joshua Barraclough, the founder and CEO of One Trading, stated that the long-term vision of the company is to enable all customer types to go long or short on any asset, use any asset as collateral, settle everything instantly, and perpetually roll contracts.
The features of a normal crypto derivatives exchange, but in regulated way.
Regulated Bitcoin trading
Barraclough, a former JPMorgan executive mentioned that with this license, One Trading is plan to launch new products and offer institutional-grade solutions to all their customers.
In the first time, they will start with BTC and ETH products, the two biggest and most popular cryptocurrency, and then in the future they can expand their offerings.
