# LMAX Group Launches Institutional Bitcoin and Ethereum Perpetual Futures ▴ News

**Published:** 2025-09-17
**Categories:** News

---

The entry of LMAX Group into the crypto derivatives space signals a maturation of the market’s core architecture. This development directly addresses the demand from institutional participants for sophisticated risk management and capital efficiency tools. The provision of high-leverage perpetual futures for Bitcoin and Ethereum on a regulated fintech platform creates a critical new node for liquidity and price discovery.

This structural enhancement provides a more robust framework for institutions to deploy complex trading strategies, ultimately deepening the entire market’s liquidity profile. The immediate consequence is the legitimization and expansion of crypto derivatives as a standard component of institutional asset allocation systems.

This initiative provides a foundational system for institutional-grade derivatives, integrating high-leverage instruments into a regulated framework that enhances market structure and liquidity.

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**Product Type** ▴ Perpetual Futures (Perps)

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**Underlying Assets** ▴ Bitcoin (BTC) and Ethereum (ETH)

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**Maximum Leverage** ▴ 100x

Signal Acquired from ▴ <a href="https://cointelegraph.com?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" target="_blank" rel="nofollow">Cointelegraph</a>

**Tags:** [Asset Exposure](https://options.greeks.live/area/asset-exposure/), [Liquidity Provisioning](https://options.greeks.live/area/liquidity-provisioning/), [Perpetual Futures](https://options.greeks.live/area/perpetual-futures/), [Leveraged Products](https://options.greeks.live/area/leveraged-products/), [Institutional Trading](https://options.greeks.live/area/institutional-trading/), [Execution Architecture](https://options.greeks.live/area/execution-architecture/)	

## Discover More

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### [Cboe to Launch Long-Dated Bitcoin Ethereum Futures in US](https://options.greeks.live/news/cboe-to-launch-long-dated-bitcoin-ethereum-futures-in-us/)
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This initiative establishes a robust, regulated framework for extended-duration digital asset derivatives, enhancing market access and operational efficiency for institutional participants.

- 
### [How Does the Use of Anonymous RFQs Vary across Different Asset Classes like Equities and Fixed Income?](https://options.greeks.live/question/how-does-the-use-of-anonymous-rfqs-vary-across-different-asset-classes-like-equities-and-fixed-income/)
![A dynamic composition depicts an institutional-grade RFQ pipeline connecting a vast liquidity pool to a split circular element representing price discovery and implied volatility. This visual metaphor highlights the precision of an execution management system for digital asset derivatives via private quotation.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-pipeline-for-precise-price-discovery-and-volatility-surface-analysis.jpg)

Anonymous RFQs are surgical tools for impact mitigation in equities and foundational mechanisms for price discovery in fragmented fixed income markets.

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### [How Does the Choice of Settlement Affect the Pricing and Implied Volatility of Crypto Options?](https://options.greeks.live/question/how-does-the-choice-of-settlement-affect-the-pricing-and-implied-volatility-of-crypto-options/)
![A sleek, dark sphere, symbolizing the Intelligence Layer of a Prime RFQ, rests on a sophisticated institutional grade platform. Its surface displays volatility surface data, hinting at quantitative analysis for digital asset derivatives. Precision mechanisms suggest RFQ protocol engagement enabling high-fidelity execution.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-platform-intelligence-layer-optimizing-high-fidelity-execution.jpg)

Settlement choice dictates an option's terminal risk, embedding either physical delivery costs or index basis risk into its price and volatility.

- 
### [Mastering Market Edge through Advanced Crypto Options](https://options.greeks.live/guide/mastering-market-edge-through-advanced-crypto-options/)
![Polished metallic disks, resembling data platters, with a precise mechanical arm poised for high-fidelity execution. This embodies an institutional digital asset derivatives platform, optimizing RFQ protocol for efficient price discovery, managing market microstructure, and leveraging a Prime RFQ intelligence layer to minimize execution latency.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-precision-execution-via-advanced-rfq-protocols-and-prime-os-intelligence-layer-for-optimal-market-microstructure.jpg)

Master crypto options and RFQ to secure a quantifiable market edge, transforming strategic vision into superior returns.

- 
### [How Might the Regulation of Crypto Derivatives Impact RFQ Protocols for Digital Assets in the Future?](https://options.greeks.live/question/how-might-the-regulation-of-crypto-derivatives-impact-rfq-protocols-for-digital-assets-in-the-future/)
![Interconnected modular components with luminous teal-blue channels converge diagonally, symbolizing advanced RFQ protocols for institutional digital asset derivatives. This depicts high-fidelity execution, price discovery, and aggregated liquidity across complex market microstructure, emphasizing atomic settlement, capital efficiency, and a robust Prime RFQ.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-microstructure-protocols.jpg)

Regulation refactors RFQ protocols from price discovery channels into integrated risk management and compliance systems.

- 
### [Ondo Finance Urges SEC Delay on Nasdaq Tokenized Securities](https://options.greeks.live/news/ondo-finance-urges-sec-delay-on-nasdaq-tokenized-securities/)
![Abstract spheres and a translucent flow visualize institutional digital asset derivatives market microstructure. It depicts robust RFQ protocol execution, high-fidelity data flow, and seamless liquidity aggregation. This imagery underscores capital efficiency and atomic settlement within a Prime RFQ framework.](https://options.greeks.live/wp-content/uploads/2025/07/precision-market-microstructure-for-institutional-digital-asset-derivatives-leveraging-rfq-protocols-and-atomic-settlement-across-prime-os.jpg)

This intervention highlights critical architectural transparency requirements for integrating tokenized securities into established financial market infrastructure.

- 
### [LMAX Group Launches Institutional Crypto Perpetual Futures Platform](https://options.greeks.live/news/lmax-group-launches-institutional-crypto-perpetual-futures-platform/)
![A precision-engineered metallic institutional trading platform, bisected by an execution pathway, features a central blue RFQ protocol engine. This Crypto Derivatives OS core facilitates high-fidelity execution, optimal price discovery, and multi-leg spread trading, reflecting advanced market microstructure.](https://options.greeks.live/wp-content/uploads/2025/08/precision-engineered-institutional-digital-asset-derivatives-execution-core-facilitating-rfq-protocol-driven-optimal-price-discovery-and-multi-leg-spread-trading-for-capital-efficiency.jpg)

A new institutional-grade derivatives framework provides precise, capital-efficient access to core digital asset markets.

- 
### [Crypto Market Structure Withstands $19b Liquidation Event](https://options.greeks.live/news/crypto-market-structure-withstands-19b-liquidation-event/)
![An abstract view reveals the internal complexity of an institutional-grade Prime RFQ system. Glowing green and teal circuitry beneath a lifted component symbolizes the Intelligence Layer powering high-fidelity execution for RFQ protocols and digital asset derivatives, ensuring low latency atomic settlement.](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-prime-os-core-engine-for-rfq-protocol-execution.jpg)

Systemic deleveraging purges excess froth, revealing a resilient market structure poised for a structural rebound.

- 
### [To What Extent Will Increased Transparency under Mica Reduce the Volatility Risk Premium in Crypto Options?](https://options.greeks.live/question/to-what-extent-will-increased-transparency-under-mica-reduce-the-volatility-risk-premium-in-crypto-options/)
![A precision-engineered control mechanism, featuring a ribbed dial and prominent green indicator, signifies Institutional Grade Digital Asset Derivatives RFQ Protocol optimization. This represents High-Fidelity Execution, Price Discovery, and Volatility Surface calibration for Algorithmic Trading. The central indicator suggests Atomic Settlement within a Prime RFQ Market Microstructure.](https://options.greeks.live/wp-content/uploads/2025/07/principal-operational-framework-precision-calibration-for-institutional-digital-asset-derivatives-rfq-protocol-high-fidelity-execution-prime-os-and-volatility-surface-optimization.jpg)

MiCA's transparency mandates will systematically compress the crypto options VRP by reducing the priced-in risks of market opacity.

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---

**Original URL:** https://options.greeks.live/news/lmax-group-launches-institutional-bitcoin-and-ethereum-perpetual-futures/
