Sentences with phrase «already trade a derivative»

«Yes, you can already trade a derivative in Europe, an exchange traded note which tracks Bitcoin,» Nadig adds.

«Yes, you can already trade a derivative in Europe, an exchange traded note which tracks Bitcoin,» Nadig adds.

Not exact matches

NEW YORK (Reuters)- A group of small brokerages and large commodities companies convinced lawmakers to tweak a rule that they say would have made derivatives trading more expensive for them and sent more business to Wall Street banks that already dominate the market.

The ban will apply to OTC derivatives and not to trading on a regulated exchange or on a multilateral trading facility, which is designed to supplement a Belgian distribution ban that was already in force for certain products, such as financial products with Bitcoin or other cryptocurrencies as their underlying.

Cantor's futures exchange has already been approved by the US Commodities and Futures Trading Commission (CFTC), and considering that CFTC has approved several bitcoin futures listings including the bitcoin options, derivatives, and futures exchange of LedgerX, regulatory hurdles of Cantor in listing bitcoin are expected to be minimal.

In a statement to the press today, bitcoin trading platform LedgerX confirmed rumors that it has already begun trading cryptocurrency derivatives, an offering it first received approval to begin selling to institutional investors in July.

Bitcoin had already been trading up in anticipation of the launch of bitcoin futures on Chicago - based CME, the world's largest derivatives exchange.