The products are designed to lower the entry point for futures traders. Nano Bitcoin futures represent 0.01 Bitcoin per contract, while nano Ether futures represent 0.10 Ether. The smaller sizing allows traders to take more precise positions and manage risk with lower capital requirements compared with standard futures contracts. Interactive Brokers Chief Executive Officer Milan Galik said demand has grown for perpetual-style crypto futures because they provide long-dated exposure and added flexibility.
A new prediction markets startup with strong ties to billionaire Thomas Peterffy is hiring staff and preparing to launch, job postings and corporate filings reviewed by Business Inside show. Lumina Markets began advertising last week for roles in marketing and legal. Job listings say it's "backed by a billionaire pioneer of electronic trading," and note that it's preparing to launch a new prediction markets platform. The jobs were posted on LinkedIn by an employee at Interactive Brokers, the trading giant founded by Peterffy.