KuCoin Introduces USDT Perpetual Contracts for Stocks and ETFs

KuCoin has announced the addition of five new USDT-margined perpetual contracts, scheduled to launch on October 21. This move marks an expansion of the exchange's derivatives offerings, now including products that track significant stocks and exchange-traded funds (ETFs).

The new contracts, which include URNMUSDT, GSUSDT, MSTUUSDT, FWDIUSDT, and USDEXUSDT, will offer traders leverage of up to 20 times, depending on regional availability. The contracts are designed to provide exposure to movements in the prices of the underlying assets without requiring ownership of the actual shares or fund units.

Among the products, the GSUSDT contract tracks Goldman Sachs shares, while MSTUUSDT is linked to the leveraged MSTU ETF. This distinction is crucial as the leveraged contracts add another layer of sensitivity compared to traditional stock holdings.

Trading will be available 24/7, with funding settlements occurring every eight hours. However, traders should be aware that the derivatives can remain active even when the underlying securities' markets are closed, which may affect pricing methodologies during those periods.

Overall, this expansion allows KuCoin users to gain exposure to equity-linked assets through USDT-margined contracts, while also carrying the inherent risks associated with both the reference assets and the derivatives structure.

New Developments in Stock Trading

The owner of the New York Stock Exchange is planning to introduce 24/7 trading for stock tokens, allowing users to buy stocks at any time without the traditional price rules of Wall Street.

This initiative comes in response to the significant trading volume seen in crypto and tokenized assets over the past year, indicating a growing demand for continuous trading options.