[London-based LMAX Group to Offer 100x Leverage Cryptocurrency Trading Services for Institutions] According to Bloomberg, London-based LMAX Group is joining the growing ranks of exchanges offering leveraged cryptocurrency trading to institutional clients, as trading platforms increasingly provide speculative market betting services to Wall Street and other regions. The company, which processes over $40 billion in daily spot trading volume of currencies and digital assets on average, is now launching cash-settled contracts tied 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 stated that the company's perpetual contracts enable investors to leverage up to 100x.