Actant partners with Bitnomial to support US Physically Settled Crypto Futures and Options Trading

CHICAGO, October 5, 2022: Actant and Bitnomial announce a partnership to support crypto derivatives trading of physically settled BTC futures and forthcoming options on Bitnomial Exchange (BTNL). Trading and market making of BTNL BTC futures is now live with Actant software. The full range of Actant tools for risk, trading, automation, and quoting are now available. BTNL physical delivery allows for efficient basis trading including trading farther out on the futures curve.

“We are excited to partner with Actant to help bring US regulated, margined, and physically settled bitcoin futures and options to a broader base of market participants,” said Michael Dunn, Chief Product Officer of Bitnomial, Inc. “Market makers, institutions, and commerical hedgers now have industry leading tools to provide deep liquidity, manage risk, and hedge exposure across the BTNL Bitcoin Complex.”

“Actant is excited to add a leader in access and innovation, Bitnomial, as a turnkey platform destination” says Dan Sacks, CEO of Actant. “Actant users will benefit not only from our market-leading low latency, the flexibility of our out-of-the-box, or bespoke algorithmic solutions, but also the coordinated, cooperative integration of Actant and Bitnomial.”

About Actant AG

Actant is a leading vendor in trading solutions for the world’s major derivatives and stock exchanges.

About Bitnomial, Inc.

Bitnomial, Inc. develops and operates exchange, clearing, and settlement infrastructure, connecting native digital asset hedgers with institutional traders. Bitnomial Exchange, LLC is a wholly owned Designated Contract Market (DCM) regulated by the US Commodity Futures Trading Commission (CFTC).