LedgerX reports "record" volume for July Bitcoin options trading

posted 2 months ago
Bitcoin derivatives trading provider LedgerX says it saw a "record" amount of trading volume over the last two months. The firm cleared $50 million in derivatives volume in July alone, president and chief risk officer Juthica Chou said. Earlier this month, the firm also executed its largest trade to date for a December $15,000 strike call.

Partly in response to increased client demand, LedgerX launched a new Bitcoin purchasing system last month. Called one-click Bitcoin, the service acts as a "one-stop shop" for institutional or high net-worth clients to buy Bitcoin easily through a federally-regulated platform, Chou said.
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