The first leveraged spot exchange under CFTC regulation in the US is coming.

[Crypto World] There’s new movement in US crypto derivatives.

On December 4, derivatives exchange Bitnomial announced that they’re launching something quite special—the first leveraged retail spot crypto trading platform operating under the CFTC (Commodity Futures Trading Commission) regulatory framework. This is pretty interesting: previously, institutions and brokers wanting to get into spot trading had to follow state-level money transmitter regulations, but now they’re entering the federal-level CFTC system directly.

This system relies on two licensed entities to operate: one is the designated contract market, Bitnomial Exchange, and the other is the derivatives clearing organization, Bitnomial Clearinghouse. The platform’s main selling point is its net settlement service, available to both retail and institutional users, and it supports combined margin for spot, perpetuals, futures, and options—in simple terms, it means you don’t need to repeatedly pledge so much collateral, improving capital efficiency.

Bitnomial’s founder and CEO, Luke Hoersten, is quite confident about this. He says that leveraged spot trading can now stand on the same regulatory level as perpetual contracts, futures, and options. The plan is to officially launch the platform the week of December 8.

For the entire industry, this could signal that compliant leveraged spot trading is taking root in the US, and both retail and institutional traders will have more diverse options in the future.