Sentences with phrase «bitcoin clearing houses»
Global bitcoin exchanges emerge as bitcoin clearing houses - less retail - oriented and more wholesale - oriented - providing deep liquidity and sophisticated offerings for the local market participants.
https://www.coindesk.com/ Not exact matches
Bitcoin prices have been highly volatile, but we don't expect this market risk to materially affect CME's or Cboe's creditworthiness given the small volumes involved and strong risk management at the central counterparty clearing houses (CCPs).»
After a year of development, a team of experienced traders have unveiled EverMarkets, a new derivatives platform and clearing house for bitcoin and other financial assets.
Before joining Reed Smith, Larsen was General Counsel and Chief Compliance Officer at LedgerX, an institutional trading and clearing platform that is the first federally regulated Bitcoin options exchange and clearing house.
After the New York Financial Services Superintendent Benjamin Lawsky sent out subpoenas to 22 Bitcoin related businesses and voiced consideration of further regulations, Members of the US House, Senate and Congressional Staff see a clear need to learn about Bitcoin, a digital currency that has caught the eye of money and now sits at a price of 106 USD / BTC.
With bitcoin, a clearing house can be thought of as a wholesale liquidity provider clearing transactions in an over-the-counter (OTC) market or a futures exchange.