CBOE to launch Bitcoin futures (pending approval) by early 2018

This is going to be sweet. If the price reference for the futures is a bitcoin price index then the tail won't be able to wag the dog. No naked shorts in bitcoin. If you are selling bitcoins you are selling your own or coins you've borrowed that you will have to return or pay decent margin. With the inability to create new coins and many coins simply not in float, naked shorting is much riskier in bitcoin. I don't think it's a viable strategy given the violence of these uplegs when hittin new highs. It's still an organic market and the price action and vol are VERY tradable. I'm surprised more traders aren't trading COINXBE and COINXBT on the Stockholm exchange.
 
gkishot said:
https://news.bitcoin.com/cftc-approves-first-regulated-bitcoin-derivatives-exchange-clearinghouse/

For institutional investors only.
More...

From the above article (https://news.bitcoin.com/cftc-approves-first-regulated-bitcoin-derivatives-exchange-clearinghouse/):

July 24, 2017

"The U.S. Commodity Futures Trading Commission (CFTC) has approved institutional bitcoin derivatives platform Ledgerx LLC as the first federally-regulated bitcoin options exchange and clearinghouse. Ledgerx plans to start trading bitcoin options in the fall and ether options a few months after that."

CFTC PR from July 24:
http://www.cftc.gov/PressRoom/PressReleases/pr7592-17

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