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News  ›  GlobeNewswire Inc.

BitMEX Launches Equity Perps for 24/7 Stock Trading

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bitmex Press
BitMEX Launches Equity Perps for 24/7 Stock Trading

BitMEX announced the launch of Equity Perps, a new derivatives product enabling 24/7 trading on major U.S. stocks and equity indices using cryptocurrency as collateral. The product supports up to 20x leverage on assets like Bitcoin and Tether, with initial offerings on stocks including Amazon, Apple, Tesla, Nvidia, and indices like S&P 500 and Nasdaq.

Insights
WALpA   negative

Stock price fell 10.88% after disclosing a fraud-related lawsuit against a borrower, indicating potential financial and legal challenges


AMZN   neutral

Amazon is mentioned only as one of the available trading instruments on the new Equity Perps platform. The announcement does not contain any company-specific news or developments affecting Amazon itself.