Tagged: futures

May 16, 2020 @ 4:46 pm By Omar Faridi  |  

Digital assets derivatives exchange FTX has introduced Bitcoin (BTC) hashrate futures. These financial products are being offered, so that BTC miners can hedge against the leading cryptocurrency’s continuous mining difficulty adjustments. The Bitcoin hashrate is the amount of computing power securing the BTC blockchain network… Read More

March 10, 2020 @ 4:52 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has issued an Order of Designation to Small Exchange, Inc., located in Chicago, Ill., granting it status as a designated contract market (DCM), effective today. Small Exchange is incorporated under Delaware state law. The Small Exchange seeks to make… Read More

December 18, 2019 @ 10:45 pm By JD Alois  |  

Intercontinental Exchange, Inc. (NYSE:ICE) recently announced the first block trade of Bakkt Bitcoin (USD) Monthly Options (BTM) submitted to ICE Futures U.S. In a release, Trabue Bland, President of ICE Futures US, stated: “Based on our benchmark physically delivered bitcoin futures, these options contracts offer… Read More

November 24, 2019 @ 12:39 pm By Omar Faridi  |  

OKEx, one of the world’s largest futures digital currency exchanges, revealed an update on November 22 regarding its four main business partners for OKB, the trading platform’s globally accessible utility token, which is aimed at “connecting digital asset projects.” According to a press release shared… Read More

November 24, 2019 @ 11:44 am By Omar Faridi  |  

Bitcoin (BTC) futures daily trading volumes on crypto-asset platform Bakkt recorded another all-time high, according to data obtained from the Intercontinental Exchange (ICE), the trading desk’s parent company, which also owns the New York Stock Exchange. Over $20.3 million in Bitcoin futures contracts, or 2728… Read More

September 7, 2019 @ 9:10 am By JD Alois  |  

Digital asset exchange and ecosystem Bakkt is nearing complete launch. Bakkt, part of the Intercontinental Exchange (ICE) – a group that also owns the New York Stock Exchange (NYSE), received the necessary regulatory approvals earlier this year. Bakkt proves a compliant platform that expects to… Read More

July 4, 2019 @ 9:28 am By Cali Haan  |  

ErisX, a Chicago-based derivatives dealer licensed to sell cash-settled SWAP futures since 2011, has announced it has been granted a derivatives clearing organization (DCO) license for digital assets futures under the Commodity Exchange Act (CEA) in the USA. ErisX said they worked collaboratively with the Commodity… Read More

May 14, 2019 @ 8:37 pm By JD Alois  |  

It’s not only the price of Bitcoin that is seeing a rejuvenation in investor interest, but BTC Futures are also seeing some investor love too. In a tweet by the Chicago Mercantile Exchange (CME) the exchange said that CME Bitcoin futures reached an all-time record… Read More

May 13, 2019 @ 5:46 pm By Cali Haan  |  

The Intercontinental Exchange (ICE), operator of several major financial and commodity exchanges including the NYSE, has once again announced that it plans to offer physically-backed Bitcoin futures in the near term through Bakkt: “As detailed in the ICE Futures U.S. filing with the CFTC today, bitcoin… Read More

May 8, 2019 @ 11:47 pm By Cali Haan  |  

The price of Ethereum (ETH), beleaguered for over a year, jumped from ~$160 USD to ~$180 USD in the hours following a May 6th Coindesk report that the CFTC may be “comfortable” with allowing trading of ETH futures. Image from Coinmarketcap. The price had settled… Read More

March 18, 2019 @ 5:43 pm By Cali Haan  |  

The Chicago Board of Options Exchange (Cboe) has announced that it will not be adding new Bitcoin futures contracts this month or next. According to a release from the Chicago Futures Exchange (CFE), a division of the Cboe: “CFE is assessing its approach with respect… Read More

November 27, 2018 @ 10:10 am By Cali Haan  |  

Nasdaq is proceeding with plans to list a Bitcoin futures product on its exchange despite Bitcoin’s waning fortunes in 2017, sources to Bloomberg say. Nasdaq hopes to have its Bitcoin futures market up and running by Q1 2018 and is working now to meet expectations at… Read More

September 4, 2018 @ 12:55 pm By JD Alois  |  

The Chicago Board of Options Exchange (CBOE) expects to follow in the footsteps of their Bitcoin Futures contracts and offer the same for Ethereum. This is according to a report this past weekend from Business Insider. According to the write up, ETH Futures will launch… Read More

June 16, 2018 @ 11:39 am By Cali Haan  |  

In regular commodities markets, futures are understood to help stabilize prices to consumers. Not so with Bitcoin, says the Head of Research at “independent research boutique” Fundstrat. Tom Le, a former Chief Equity Strategist at JP Morgan, has floated a possible correlation between a fall in… Read More

December 18, 2017 @ 11:01 am By JD Alois  |  

As previously announced, the CME – the worlds largest derivatives marketplace, launched Bitcoin futures contracts yesterday, Sunday, December 17th. CME’s Bitcoin futures will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of the U.S. dollar price of… Read More

December 11, 2017 @ 8:58 am By JD Alois  |  

Today is the first full day of trading for Bitcoin futures on the CBOE.  Trading under the symbol XBT, contracts actually began last night (Sunday, December 10th) and represents a milestone event in the legitimization of the worlds most popular cryptocurrency. Bitcoin futures allow market participants… Read More

December 4, 2017 @ 9:04 am By JD Alois  |  

CBOE Global Markets (NASDAQ:CBOE) will kick off Bitcoin futures at 5PM CT on Sunday, December 10th.  Monday morning on the 11th will commence the first full day of BTC futures trading thus representing a comping of age event for cryptocurrencies. The CBOE said that trading… Read More

October 31, 2017 @ 10:54 am By JD Alois  |  

The CME Group has announced the launch of Bitcoin Futures, an event that should drive both liquidity and overall acceptance higher for the popular cryptocurrency. The launch is pending all regulatory requirements but expectations are this is a lock. This comes at a time when… Read More