Bullish, the digital assets platform, will launch crypto options trading on Oct. 8. Bitcoin options will be margined with USDC stablecoin, with expiries ranging from three weeks to three months and a contract multiplier of 1. Ether options and other assets will follow.

The move to launch options follows a trend of increased demand for hedging instruments in the crypto industry. Bullish aims to provide a complete derivatives product suite for institutional investors, offering capital efficiency and risk mitigation through a unified trading account.

Options allow traders to bet on price direction, volatility, and leverage time to expiration. Bullish worked closely with market makers, technology providers, and brokers to tailor options to meet institutional investor needs. Trading partners include industry heavyweights like Galaxy Digital and Cumberland.

The global crypto options market is valued at over $50 billion, with Deribit leading the way. Bullish’s unified margin system offers maximum capital efficiency for institutional clients. The platform has vibrant futures and spot markets, surpassing $1.5 trillion in cumulative trading volume since its launch in 2021.

Deribit offers four margin systems depending on trading style and risk management preferences. Bullish is licensed by major financial authorities and has executed over $2 billion in average daily volume this year. The platform ranks in the top ten exchanges by spot volume for bitcoin and ether.

Read more at Yahoo Finance: Bullish to Offer Bitcoin Options Trading With Top-Tier Consortium of Trading Partners