[Singapore SGX Launches Compliant Bitcoin and Ethereum Perpetual Futures Trading Service] BlockBeats News, November 17, according to a report by Cointelegraph, Singapore's leading derivatives trading platform has announced the launch of two new cryptocurrency futures products this month to meet the growing institutional demand for digital assets. The SGX derivatives trading platform is set to introduce Bitcoin and Ethereum perpetual futures. These financial derivative contracts allow investors to engage in speculative trading on the underlying prices without an expiration date. In an announcement on Monday, SGX stated that the launch of these new products is in response to the 'rising institutional demand for crypto and the convergence of traditional finance with the crypto-native ecosystem.' The perpetual contracts will officially go live for trading on November 24. These contracts will enable qualified investors and professional investors to trade exposure to underlying assets without expiration dates, with all transactions regulated by the Monetary Authority of Singapore.