TradeStation Securities, Inc., a leading self-clearing online brokerage firm, announced Wednesday the addition of CME Group’s newly launched XRP futures contracts to its expanding suite of cryptocurrency derivatives.
The new offering includes both micro-sized contracts (2,500 XRP) and large-sized contracts (50,000 XRP), providing eligible clients with access to XRP futures through the regulated futures market.
“As demand for regulated crypto derivatives continues to rise, we remain focused on giving traders direct access to high-demand digital assets,” said James Putra, Senior Vice President and Head of Product Management at TradeStation Group, Inc. “Our addition of CME Group’s XRP futures enhances our clients’ ability to engage with one of the most actively traded digital assets while expanding portfolio diversification opportunities.”
Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, echoed the sentiment: “We’re pleased TradeStation is offering our XRP futures suite to its broad client base. As market participants continue to seek regulated crypto exposure, we’re committed to delivering liquid, capital-efficient tools to support their trading and hedging strategies.”
The XRP futures contracts are cash-settled and benchmarked to the CME CF XRP-Dollar Reference Rate, a daily reference rate reflecting the U.S. dollar price of XRP, published at 4:00 p.m. London time.
This launch follows TradeStation’s broader expansion in the futures space, including the recent addition of CME Group’s micro-sized grain and oilseed contracts, and Micro WTI Crude Oil futures. The move underscores TradeStation’s ongoing commitment to delivering diverse, innovative trading products across asset classes.
