OKX Rolls Out X-Perps On Magnificent 7 Stocks, Gold, Silver, And Oil For European Traders
In Brief
OKX launches 13 X-Perp markets in Europe, offering 24/7 leveraged futures on major stocks, commodities and indices, including Magnificent 7, SPY and QQQ, within a unified regulated trading platform.
Cryptocurrency exchange OKX announced the launch of 13 new X-Perp markets for European traders, expanding access for retail users to futures contracts linked to major global equities, commodities, and leading market indices. The rollout includes exposure to the so-called “Magnificent 7” technology stocks, alongside key raw materials and benchmark equity indices, as part of an effort to broaden multi-asset trading within a single platform.
From the launch date, European customers are able to trade futures referencing Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla, as well as Gold, Silver, WTI Crude Oil, and Brent Crude Oil. Additional instruments include SPY and QQQ X-Perps, which provide exposure to the 500 largest US companies and the 100 largest non-financial companies listed on Nasdaq respectively. The company also stated that X-Perps tied to SpaceX will be introduced following its IPO on June 12. All listed markets operate on a 24/7 basis and offer leverage of up to 10x.
Expansion of Unified Multi-Asset Trading Under a Single Margin Framework
The introduction of X-Perps is positioned as a response to limitations in traditional market access, where trading outside standard hours or across asset classes typically requires multiple brokerage accounts or separate platforms. Under the new structure, capital remains within a single OKX account, allowing users to shift exposure between crypto and traditional market instruments using unified margin.
“European traders are sophisticated. They know exactly what’s moving markets. They watch earnings, Fed decisions, commodity prices, and geopolitical events, but they’ve had no way to act on any of them,” said Erald Ghoos, CEO of OKX Europe in a written statement. “X-Perps fix that. One account, every market, 24/7. And because we’re fully regulated, our customers get the protections that come with that,” he added.
“Since May 1, X-Perps trading volume has increased by more than 447%. We expect this strong momentum to continue and potentially accelerate as we expand our product offering,” Erald Ghoos highlighted.
The platform highlighted that SPY and QQQ have historically delivered strong returns over the past year, while noting the scale difference between US and European ETF markets in terms of assets under management and accessibility.
The service is offered under OKX’s regulatory authorisations in Europe, including MiCA, MiFID II and Payment Institution licences, with passporting across European Economic Area member states. The company also referenced the upcoming end of the MiCA transition period on July 1, 2026, after which unlicensed exchanges will no longer be permitted to offer crypto services within the EEA, further underscoring the importance of regulated market infrastructure.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
