Not exact matches
Bitcoin futures maturing on Wednesday on the
Cboe Global Markets Inc's
Cboe Futures Exchange were at $ 10,070, with 1,586
contracts traded, after having opened at $ 10,850.
Fueled by
contracts on the VIX, the
Cboe Futures Exchange handled 56 million
contracts during the first three quarters of 2017, according to data compiled by the Futures Industry Association, the industry's
trade and lobbying group.
The futures offered by
Cboe Global Markets Inc., and similar
contracts that start
trading in a week at at another Chicago - based exchange, CME Group Inc., may open the door to greater inflows of institutional money, while also making it easier to bet on bitcoin's decline.
Cboe Global Markets Inc. has said it will start
trading bitcoin futures on Dec. 10, while CME Group Inc.'s
contracts are set to debut on Dec. 18.
Yet, Dudas acknowledges that the decision by
Cboe and CME to
trade bitcoin futures
contracts is a sign that cryptocurrencies are here to stay.
While some traders might have guarded their positions using
contracts on the
Cboe Volatility Index (VIX), which
trades inversely to the S&P 500 roughly 80 % of the time, others have elected to short exchange -
traded funds with broad market exposure.
The CME said about 1,049
contracts for January — the equivalent of 5,245 bitcoins — had
traded versus
Cboe's roughly 3,860
contracts representing one bitcoin each.
Interactive Brokers said it handled just over half of the
Cboe bitcoin futures
trading volume on the first
trading day, which saw the highest daily volume so far at 4,127
contracts in total across the products expiring in January, February and March.
Trading volume in the CME
contract was slightly higher than that of the
Cboe as of late Monday afternoon.
Cboe's bitcoin futures
contract had a relatively smooth first week of
trading, although volume was on the light side.
Bobby Cho, head trader at major bitcoin
trading company Cumberland, a subsidiary of DRW, pointed out that the CME futures were
trading closer to the actual price of bitcoin than the
Cboe contract had at launch last Sunday.
New futures
contracts based on the price of the digital currency began
trading Sunday on the Chicago Mercantile Exchange, a week after bitcoin futures launched on rival exchange
Cboe.
In an interview with CoinTelegraph, Dennis O'Callahan, a
Cboe director, said the exchange is encouraged by the activity of bitcoin
trade on its platform, saying the
Cboe Markets sees around 7,000
contracts change hands on average daily, adding that more products are a possibility.
While Ethereum is currently available — since the second - largest cryptocurrency by market cap is already
traded on Gemini —
Cboe needs Gemini to add more coins if it wants to offer additional futures
contracts.
Most bitcoin ETF applications before the SEC have due tracking the cost of bitcoin through futures
contracts being
traded on
Cboe and CME.
FRIDAY, DEC. 1, 2017 — Today's
trading volume for options on the
Cboe Volatility Index ® (VIX ®) was a reported 3.1 million
contracts, the highest number for single - day volume in the VIX options since they commenced
trading in 2006.
The Winklevoss twins» exchange will use Nasdaq's technology to monitor transactions in bitcoin, ethereum, and the US dollar during continuous
trading and for its
trading auctions, which provide pricing for
Cboe's bitcoin futures
contracts.
Gemini is proud to announce the successful first settlement of January expiry Bitcoin Futures, which
trade on the
Cboe Futures Exchange, LLC (CFE) under the ticker «XBT» -LSB-...] Gemini is proud to announce the successful first settlement of January expiry Bitcoin Futures, which
trade on the
Cboe Futures Exchange, LLC (CFE) under the ticker «XBT» (
contract specifications fact sheet).
Gemini is excited to announce that Bitcoin (USD) Futures
Contracts will begin
trading on the
Cboe Futures Exchange, LLC (CFE) starting at 6:00 p.m. EST on Sunday -LSB-...]
Gemini is proud to announce the successful first settlement of January expiry Bitcoin Futures, which
trade on the
Cboe Futures Exchange, LLC (CFE) under the ticker «XBT» (
contract specifications fact sheet).
Gemini is excited to announce that Bitcoin (USD) Futures
Contracts will begin
trading on the
Cboe Futures Exchange, LLC (CFE) starting at 6:00 p.m. EST on Sunday -LSB-...] Gemini is excited to announce that Bitcoin (USD) Futures
Contracts will begin
trading on the
Cboe Futures Exchange, LLC (CFE) starting at 6:00 p.m. EST on Sunday December 10th, 2017 under the ticker symbol «XBT» (
contract specifications fact sheet).
While the Bitcoin futures
contracts were launched with great fanfare last December by two of the world's largest and most respected exchanges, CME and
Cboe, most people aren't even aware that Ripple's XRP futures had already been
trading for the last 18 months.
Delayed data from
Cboe and CME, the two U.S. exchanges that previously listed the bitcoin futures products, shows that all
contracts that expire in the first three months next year are dropping over 20 percent percent in the
trading day.
«According to the Registration Statement, the investment objective of the Fund is to seek results (before fees and expenses) that, both for a single day and over time, correspond to the performance of lead month bitcoin futures
contracts listed and
traded on either [
Cboe] or [CME],» the company wrote.
While Ethereum is currently available — since the second - largest cryptocurrency by market cap is already
traded on Gemini —
Cboe needs Gemini to add more coins if it wants to offer additional futures
contracts.
Cboe data suggests that the market for its G8
contract (set to expire on 2/14) is
trading slightly below the market, with the firm's official website reporting a price of $ 11,220.00.
The first bitcoin futures
contract listed by
Cboe has expired, a move that came amid a turbulent day of
trading that saw the cryptocurrency's price...
Cboe #BitcoinFutures $ XBT
trades over 800
contracts in the first 2 hours post launch #bitcoin @GeminiDotCom https://t.co/kHiZo8DR9m] pic.twitter.com / oCCxRZcPnC
January 28, 2018 Jamie Redman Bitcoin, bitcoin futures, BTC,
cboe, CFTC, CME,
contracts, Cryptocurrencies, data, Deravitives, Digital Assets, eric wall, Finance, leverage, Long, Margin
Trading, N - Featured, Report, Short, Spot Price,
Trade Analyst 0
On CME Group's platform, the most active
contract was
traded 221 times within the first hour of launch, compared to 570 on
Cboe.
News.Bitcoin.com Etrade, a popular online retail
trading platform, has announced it will support
Cboe bitcoin futures
contracts for its users.
On
Cboe and CME, bitcoin
contracts are often being
traded at the same rate as the global average bitcoin price or higher.
The climate surrounding bitcoin ETFs has gone from frustration to excitement in recent months with the entrance of heavy mainstream exchanges such as
Cboe and CME
trading futures
contracts (and even the app
The CME and
Cboe are traditional financial marketplaces where institutional traders («Wall Street») have been able
trade bitcoin futures
contracts since December.
The
Cboe and the CME futures
contracts are cash - settled, so what is
traded in practice is the price difference between what one entered the
contract at vs. the «real» price at the time of settlement.
Two of Chicago's major firms, namely Chicago Mercantile Exchange (CME Group Inc) and Chicago Board Options Exchange (
Cboe), have announced plans for bitcoin futures
trading on their respective platforms, with the latter already launching its
contract on Sunday.
Ledger X has been
trading bitcoin futures products well before
Cboe, and CME group joined in on offering bitcoin derivatives
contracts.
According to the filing, Proshares Bitcoin ETF's «investment objective of the Fund is to seek, results (before fees and expenses) that, both for a single day and over time, correspond to the performance of lead month bitcoin futures
contracts listed and
traded on either the
Cboe Futures Exchange or the Chicago Mercantile Exchange.