Japanese Brokerage Giant Nomura Starts Offering Bitcoin (BTC) Derivatives in Asia

Japanese brokerage giant Nomura Holdings has started offering Bitcoin derivatives to its institutional clients due to high demand. The decision comes just at a time when Bitcoin (BTC) has been going through a rough phase and is trading below $30,000. Nomura shall be offering Bitcoin non-deliverable forwards and non-deliverable options settled in cash. Thus, its clients can start trading Bitcoin futures and options in the market. As per the Bloomberg report, Nomura carried out the first trade earlier this week on CME Group Inc.'s platform. It has also partnered with market-maker Cumberland DRW LLC. Tim Albers, head of forex structuring…