D2X Group
D2X Group offers regulated and institutional trading of BTC-EUR and ETH-EUR index futures and options, operating under MiFID II supervision in the Netherlands.
Regulated Crypto Futures and Options Exchange
D2X Group operates a regulated and institutional exchange for trading crypto futures and options. The company is supervised by the AFM in the Netherlands and operates under a MiFID II-regulated trading venue. This regulatory oversight ensures a secure trading environment for institutional investors.
Crypto Futures and Options Products
D2X Group offers a range of trading products including BTC-EUR Index Futures, ETH-EUR Index Futures, BTC-EUR Index Options, and ETH-EUR Index Options. The BTC-EUR Index Futures have a contract unit of 1 Bitcoin, while ETH-EUR Index Futures have a contract unit of 10 Ether. Both products are cash-settled by reference to the D2X Kaiko BTC EUR Reference Rate and ETH EUR Reference Rate respectively.
Trading Infrastructure and Integration
The company has built a low-latency trading infrastructure in Rust running on AWS. This infrastructure ensures efficient and fast trading operations. Additionally, D2X Group provides seamless integration through industry-standard FIX/SBE connectivity protocols and distributes granular market data feeds fairly over multi-cast.
Capital Efficiency and Risk Mitigation
D2X Group utilizes a capital-efficient portfolio margining system to optimize the use of collateral. Collateral is deposited with a top-tier EU Credit Institution to mitigate credit risk. This system is designed to efficiently manage and mitigate the risks associated with crypto trading.
Strategic Partnerships and Funding
The company has secured Series A funding led by Point72 Ventures. Additionally, D2X has formed a strategic partnership with Actant and collaborates with Kaiko to provide custom rates. These partnerships and financial backing support the company's growth and enhance its service offerings.
Trading Hours and Limits
D2X Group allows trading 7-days-a-week with standardized products denominated in EUR. The trading hours for ETH-EUR and BTC-EUR Index Futures are Mon-Fri: 09:00-21:00 CET and Sat-Sun: 09:00 - 15:00 CET. Both product categories have a maximum quantity limit per order of 1000 and a maximum value limit per order of EUR 30,000,000.