Huobi Derivative Market launches at New York event

Singapore-based cryptocurrency exchange Huobi has this week launched its Huobi Derivative Market offering at the Cryptofrontiers conference in New York City.

“Cryptocurrency is a rapidly expanding and maturing market,” says Joshua Goodbody, General Counsel of Huobi’s Global Institutional team.

“As part of that maturation, we see more and more sophisticated investors and traders from more established financial markets looking to gain exposure, including institutional players. At the same time, we think many experienced, successful cryptocurrency traders are looking for a broader range of investment tools than has traditionally been available. Huobi DM is tailor-made to address these sorts of needs.”

It is currently in Beta testing mode, and is not available to users from the US, Singapore, Israel, Iraq, Hong Kong (China), Cuba, Iran, North Korea, Sudan, Malaysia, Syria, Samoa Eastern, Puerto Rico, Guam, Bangladesh, Ecuador and Kyrgyzstan.

More information can be found here.