PANews reported on September 17th that according to Bloomberg, London-based LMAX Group is joining the growing number of exchanges offering leveraged cryptocurrency trading to institutional clients, as trading venues rush to provide speculative market betting services to Wall Street and beyond. The company, which processes an average daily spot trading volume of over $40 billion in currencies and digital assets, is now launching cash-settled contracts pegged to Bitcoin and Ethereum. These products, known as perpetual futures, allow traders to hold positions indefinitely without the need for rollovers. LMAX CEO David Mercer said the company's perpetual contracts enable investors to add up to 100x leverage.