CME to launch bitcoin futures in three weeks after green light from regulator

Discussion in 'Crypto Forum' started by Stockaholic, Dec 3, 2017.

  1. Stockaholic

    Stockaholic Content Manager

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    • The world's largest futures exchange, CME, announces it has completed self-certification with the Commodity Futures Trading Commission to launch its bitcoin futures contract on Dec. 18.
    • The news comes as Cboe and Cantor Exchange self-certify for their own bitcoin derivatives.
    • Bitcoin's price rises as the launch of bitcoin futures will pave the way toward establishing the digital currency as a legitimate asset class and launching bitcoin exchange-traded funds.
    CME announced Friday its new bitcoin futures contract will be available for trading on Dec.18.

    The CME announcement came as the Commodity Futures Trading Commission said it will allow the world's largest futures exchange and its competitor, the Cboe Futures Exchange, to launch bitcoin contracts. Cantor Exchange also self-certified a new contract for bitcoin binary options, the commission said.

    https://www.cnbc.com/2017/12/01/cme-says-its-launching-bitcoin-futures-on-dec-18.html
     
  2. StockJock-e

    StockJock-e Brew Master
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    Curious to see if professionals use the extra margin to ramp this to 50k before the inevitable crush.
     

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