CME Group Announces Launch of Bitcoin Futures

[maxinger]

anyone knows which brokers are going to offer CME BTC futures ?

 

[i960]

CBOE XBT fees are 0.50$/side (1BTC) vs 5.00$/side (5BTC) on CME. So CME is twice the fees as CBOE for an equivalent size? Reminds me of when they moved Russell to CME and everyone was all hyped about not having to pay 120$/month in market data to ICE even though they were forced to pay twice the exchange fees to CME.

 

[m22au]

Just to clarify it's Dec 18th, 2017, not Dec 2018 which is what I assumed when I saw the headline.

Yes you are correct, December 18, 2017.

Bitcoin futures launch to be December 18, 2017
https://seekingalpha.com/news/3315669-bitcoin-futures-launch-dec-18

CME FAQ
http://www.cmegroup.com/education/cme-bitcoin-futures-frequently-asked-questions.html

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[m22au]

"Hedge Funds Prepare to Trade Against Bitcoin"
https://www.bloomberg.com/news/arti...-hedge-funds-prepare-to-trade-against-bitcoin

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[m22au]

Link to CME PR from December 1:
http://www.cmegroup.com/media-room/...elf-certifiesbitcoinfuturestolaunchdec18.html

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[supreme trader]

I wonder if CME is going to expand the market by having BTC in say jpy denomination since
btc in jpy is very popular

 

[Pekelo]

My guess is that the eventual effect of the futures market is going to stabilize bitcoin's price (finally a quick arb possibility) and in the long run makes it boring to trade... Miners will be happy because finally they can lock in price by selling futures.

 

[Overnight]

My guess is that the eventual effect of the futures market is going to stabilize bitcoin's price (finally a quick arb possibility) and in the long run makes it boring to trade...

At this point, Pekelo, all we can do is...

 

[johnarb]

I think if you can spare 10 minutes, this section as explained by Andreas is very helpful for people interested in the bitcoin futures.

 

[goldenarm]

I wonder if Interactive Brokers will list bitcoin futures!