FX Perpetual FutureS introduction -Krakeen Blog KRAKEN BLOG
Today we are pleased to introduce the world’s largest financial market to bring it to Kraken derivatives. FX permanent future (FX perps).
The first two perp will be released on 20x leverage. EUR/USD and GBP/USDMore foreign exchange pairs will soon arrive. This offering provides the same smooth and intuitive trading experience as you are familiar with more than 300 encryption permanent in the KRAKEN PRO.
Alexia theodorou, Kraken Derivatives: “Kraken has been one of Crypto’s main FX spot plates for a long time, and by introducing FX perps, we are using the best position of this market by providing a powerful new tool to better explore and adjust the most broadly traded currency market in Crypto today.
This enlarges the number of opportunities for Kraken customers to capture value in a wider range of asset classes on one platform. ”
What is FX perps?
fx perps This is a permanent contract based on the foreign exchange market index benchmarked in DXFEED’s Composite Forex Index. These contracts are traded without expiration, allowing traders to continue to participate in the foreign exchange market, improve their strategies, and capture opportunities in real time.
Fx
- Real -time default data
FX perps are updated every second whenever the default foreign exchange spot market opens. Traders can make a decision based on the latest market movement. - Market closure rules
When the basic foreign exchange spot market is closed, special measures maintain fairness and market integrity.- Zero -fund: Unless more than 50% of the necessary premium observation values are recorded within a certain period of time, payments will not be made if the price is old.
- Price color restrictionThe order can only be deployed within 4% of the last observed index price to prevent transactions from occurring outside the reasonable market boundary.
- Seamless transaction experience
FX Perps live in a familiar interface of the KRAKEN PRO platform. Except for special rules during the closure of the market, they can act like other permanent contracts, and all new and skilled traders can start immediately. - 24/7 transaction
The FX Perp Market is open 24/7, but reflects the traditional market time regarding the price update. You can trade at any time, but index prices follow the standard opening and proximity of the foreign exchange market.
Geography and market availability
We are launching FX PERPS in a qualified market today and we plan to expand to more areas soon. Try to bring these products to the additional market and open more means to access real -time foreign exchange opportunities.
Why trading FX perps?
Kraken is strengthening its existence in the foreign exchange space and only in 2025. $ 5.4 billion in the FX spot marketinclude $ 3.5 billion We have focused on EUR/USD and GBP/USD pairs. The FX Perps will expand how to interact with these important foreign exchange pairs to combine with user -friendly platforms built for deep market liquidity and performance.
