LMAX Expands Institutional Access to Perpetual Futures Through Gold-i Integration

LMAX Group has broadened access to its perpetual futures offering by integrating with technology provider Gold-i, giving Gold-i's clients the ability to trade LMAX's contracts directly on the group's regulated venues. The development marks another step in LMAX's efforts to deepen institutional participation in digital asset derivatives.

The company launched its first perpetual futures products in September, initially listing BTC/USD and ETH/USD contracts, both settled in US dollars. According to LMAX, additional listings will follow as institutional adoption grows. The group currently offers leverage of up to 1:100 for these contracts.

LMAX Group CEO David Mercer said the expansion reflects the company's long-term strategy around regulated digital-asset trading. "This rollout allows our clients to engage in digital-asset derivatives with confidence, using the same institutional-grade infrastructure that handles more than $40 billion per day in FX and digital-asset spot volumes," he noted. He added that perpetual futures broaden the product mix and move the group closer to a comprehensive multi-asset marketplace.

Industry data suggests a rapid shift in market structure. By mid-June, perpetual futures accounted for roughly 68% of all Bitcoin trading volumes, based on figures from Kaiko. Once concentrated largely on offshore exchanges, these instruments are now increasingly appearing on regulated platforms in major financial jurisdictions as institutional interest accelerates.

Jenna Wright, Managing Director for Digital Assets at LMAX Group, described the launch as "a natural extension" of LMAX's push to offer a complete digital-asset trading suite. She said that adding perpetual futures "reinforces our position as a trusted partner in this space."

The integration with Gold-i is expected to simplify access for firms wanting direct exposure to regulated crypto-derivatives markets, at a time when demand for compliant trading environments continues to rise.