The exchange announced the launch of forex perpetual futures (FX perps) with initial support for EUR/USD and GBP/USD trading pairs. Forex perpetual futures are a form of derivative contract enabling traders to speculate on the price changes of foreign exchange (forex) currencies, offering the advantage of no expiration date. The move marks the crypto exchange’s expansion into traditional financial markets, offering clients leveraged access—up to 20x—to two of the world’s most traded currency pairs.The FX perps are perpetual contracts benchmarked against DxFeed’s Composite Forex Index, enabling real-time trading without expiries. Traders can place orders 24/7 via Kraken Pro, though index prices only update during traditional forex market hours.Kraken recently announcedcommission-free trading for stocks and exchange-traded funds, expanding its product suite beyond crypto.
