First u.s. bitcoin futures to start trading next week

The 20% decline in bitcoin futures prevented subsequent trading below $12,, leading to minimal volume for about a minute period in the morning. Later in the day, the contract rebounded. The first U.S. bitcoin futures will start trading next week, as dueling Chicago futures exchanges seek to cash in on surging investor interest in the digital currency. Cboe Global Markets Inc.'s new bitcoin futures will go live at 5 p.m. Central time on Dec. 10, with the first full day of trading set for Dec. 11, the firm said Monday. Dec 04,  · The first U.S. bitcoin futures will start trading next week, as dueling Chicago futures exchanges seek to cash in on surging investor interest in the digital currency.

First u.s. bitcoin futures to start trading next week

How CME's First Week of Bitcoin Futures Trading Went

Cboe is working with online brokerages to allow retail investors to start trading its bitcoin futures as soon as possible, a spokeswoman for the company said. Bitcoin futures would allow traders to bet on rises and falls in the digital currency, similar to the way oil, corn or gold futures work. The emergence of bitcoin futures could make it easier for both Wall Street banks and small investors to trade bitcoin.

Still, many financial institutions remain wary of bitcoin due to its volatility, uncertain regulatory status and lingering association with illicit activity.

Skeptics call it a bubble. Announcements by Cboe and CME that they would seek to launch bitcoin futures were seen as a vote of confidence in the digital currency. The race between the two rivals could determine which exchange establishes the dominant bitcoin futures contract. Dow Jones The first US bitcoin futures will start trading next week, as duelling Chicago futures exchanges seek to cash in on surging investor interest in the digital currency.

Cboe Global Markets's new bitcoin futures will go live at 5 p. Central time on 10 December, with the first full day of trading set for 11 December, the firm said Monday. That gives Cboe a head start on CME Group, its larger crosstown rival, which plans to launch its own bitcoin futures on 18 December. Cboe is working with online brokerages to allow retail investors to start trading its bitcoin futures as soon as possible, a spokeswoman for the company said. Bitcoin futures would allow traders to buy in on rises and falls in the digital currency, similar to the way oil, corn or gold futures work.

The emergence of bitcoin futures could make it easier for both Wall Street banks and small investors to trade bitcoin. Still, many financial institutions remain wary of bitcoin due to its volatility, uncertain regulatory status and lingering association with illicit activity. Sceptics call it a bubble. Announcements by Cboe and CME that they would seek to launch bitcoin futures were seen as a vote of confidence in the digital currency.

The race between the two rivals could determine which exchange establishes the dominant bitcoin futures contract. Its first trading floor was a space that had once been the smoking lounge for the Chicago Board of Trade - an exchange that is now part of CME.

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First U.S. Bitcoin Futures to Start Trading Next Week First U.S. Bitcoin Futures to Start Trading Next Week -- Update

(Dow Jones) The first US bitcoin futures will start trading next week, as duelling Chicago futures exchanges seek to cash in on surging investor interest in the digital currency. Cboe Global Markets's new bitcoin futures will go live at 5 p.m. Central time on 10 December, with the first full day of trading set for 11 December, the firm said Monday. Dec 04,  · U.S. investors clamoring for bitcoin will soon have a chance to begin trading futures on the digital currency as early as next week, according to The Wall Street Journal. Cboe Global. The first U.S. bitcoin futures will start trading next week, as dueling Chicago futures exchanges seek to cash in on surging investor interest in the digital currency. Cboe Global Markets Inc.’s. Tags:Top 10 bitcoin trading site, Bovada bitcoin deposit, Bitcoin handelsplatform, Peter jones invests in bitcoin trader, Go btc tradingview

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