Description: Cboe bitcoin (USD) futures are cash - settled futures contracts that are based on the Gemini
Exchange auction price for bitcoin in U.S. dollars.
(132,000 / 1,040,000) * 100 = 12.69 % return Estimated Return: $ 132,000 It's critical to note that there is a provision in the XBT futures contract, stipulating that the Final Settlement Value might not be the Gemini
Exchange Auction price if it falls outside of Gemini's parameters or «the normal settlement procedure can not be utilized due to a trading disruption or other unusual circumstance.»
Not exact matches
The Cboe also settles its futures against a daily
price auction from Gemini, while the CME uses its own bitcoin reference rate which tracks several cryptocurrency
exchanges.
At the end of the May, following three rounds of
auction, it had sold most of the items on the docket, but, based on listing
prices — Beibu Gulf Equity
Exchange has only partially disclosed actual sales
prices — raised only 1.38 billion yuan ($ 208 million), with the remaining assets valued at 1.58 billion yuan ($ 238 million)(see Figure 2).
By bringing together many buyers and sellers, the
exchanges ensure that the
auctions set fair
prices.
Prices at a commodity
exchange are set through a competitive
auction process.
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.
«(i) the average daily closing
price for international offset credits sold on registered
exchanges (or if such
price is unavailable, the average
price as determined by the Administrator) during the six months prior to the strategic reserve
auction at which they were
auctioned, with the remaining funds collected upon the sale of the international offset credits deposited in the Treasury; and
Bitcoin futures based on Gemini's
auction prices are available for trading solely on Cboe's Futures
exchange.
In contrast, the Cboe futures
prices are based on a closing
auction price of Bitcoin on a single Bitcoin
exchange known as the Gemini
exchange.
Accelerated Cost Recovery System (ACRS) Acceptance, Waiver, and Consent Procedure Account Guarantee Acknowledgment Accredited investor Accretion Accumulation period Accumulation units Acid test ratio ACRS Actively traded securities Additional bond test Additional takedown Adjustment bonds ADR Ad valorem taxes Advance / decline ratio Advertising Adviser's client account Affiliated Persons Affirmative defense Affirmative determination Agency sales ticket Agency transaction Agent Aggregate indebtedness Agreement among underwriters Agreement of limited partnership Aggregate exercise
price Alpha All - or - none All - or - none underwriting Alternative minimum tax Alternative orders Alternative trading system American Depository Receipt American Stock
Exchange (AMEX) American - style options AMTI Amortization Annual report Annuity Annuity units Anti-dilution clause AON Arbitrage Arbitration Asked
price Asset Asset allocation Asset class Assignment Assistant Representative - Order Processing Associated persons ATS At - the - close order At - the - money At - the - opening order At - risk rule
Auction market Auditor's report Automated Confirmation Transaction (ACT)
The
prices of
exchange - listed stocks in an
auction market are determined by the forces of supply and demand.
A securities market that is conducted by dealers throughout the country through negotiation of
price rather than through the use of an
auction system as represented by a stock
exchange.
A swath of domestic equity ETFs were impacted by the fragmentation of liquidity across trading venues and by the application of overly tight
price collars during the reopening process.3 In the wake of these trading challenges, industry groups and regulators worked to refine LULD rules and implemented a series of LULD rule amendments in 2017 aimed at improving opening
auction and post-halt reopening
auction processes.4 In addition, the
exchanges also adapted their opening mechanism, resulting in a reduction in the number of ETFs and other securities halted on volatile days.
The latest Blue Monster lithograph
auction ended today with a final bid
price of # 150 which is $ 1 shy of $ 300 at today's
exchange rate.
(The London sales were in pounds, determining the record
prices, which vary when converted to US dollars based on
exchange rates at the time of each
auction.)
«(i) the average daily closing
price for international offset credits sold on registered
exchanges (or if such
price is unavailable, the average
price as determined by the Administrator) during the six months prior to the strategic reserve
auction at which they were
auctioned, with the remaining funds collected upon the sale of the international offset credits deposited in the Treasury; and
Under the OFS structure, shareholders sell their holdings in listed companies in a market - transparent manner, with the sale
price set by
auction through an
exchange - based bidding platform.
At the same time as we have seen buyers offering higher
prices and more favourable economic terms (perhaps to win or avoid an
auction process), we have seen buyers seeking to mitigate transaction risk through an increased use of MAC clauses and warranty repetition on split
exchange and closing deals.
The futures are cash - settled contracts based on the
auction price of Bitcoin in US dollars on the Gemini
Exchange, which is owned and operated by virtual currency entrepreneurs Cameron and Tyler Winklevoss.
Eventually, in future amended filings to the COIN ETF, the Winkdex was completely discarded in favor of a daily
auction price conducted at an
exchange (Gemini) that the principals and creators of the COIN ETF owned and managed.
Ill - intentioned players can set the futures
prices in their favor by moving the
price of the indexes or
auctions on spot
exchanges that set the futures
prices in, he said.
Trades will be settled by cash against the
auction price of Gemini Trust — the digital currency
exchange that was built by the Winklevoss twins.
The practice to sell confiscated bitcoins via
auctions is based on the concern that a huge bulk of coins if brought to traditional cryptocurrency
exchanges, can seriously affect the market
price of the cryptocurrency.