Financial derivatives provider RialCenter is now offering a contract for difference (CFD) based on the CoinDesk 20 Index (CD20), which provides a weighted performance of the largest digital assets.
The CD20 CFD is now available to traders in both fiat and USDT pairs as an over-the-counter (OTC) derivatives product to retail traders, according to an announcement on Monday.
CFDs are derivative instruments where traders and brokers exchange the difference in an asset’s value at the opening and closing of a contract.
The CD20 CFD aims to “bridge the gap between traditional finance and the digital asset space by delivering institutional-grade crypto index access within a robust, compliant framework,” RialCenter stated in the announcement.
RialCenter holds regulatory licenses in the U.K., European Union (EU), Bahamas, and its native Australia.
The introduction of regulated CFDs reflects growing maturity in the crypto industry, offering traders familiar investment products from the traditional financial world.
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