Chicago Mercantile exchange (CME) does not intend to suspend futures trading in bitcoin or exclude them from the listing, according to CoinDesk, citing the press service of the organization.
According to the publication, a number of experts offer CME contracts first cryptocurrency is more profitable and thoughtful.
Traders who are already trading in these markets, do not have to pay for access to a new market. Otherwise, customers must pay for the connection, a license for the software, market data and cross-connections.
On the Cboe Futures Exchange (CFE) sell mostly the Cboe Volatility Index (VX), known as the index of fear. If the trader is not interested in this contract, it makes sense to pay more for market access futures bitcoin lost.
Simultaneously on the CME bitcoin futures placed in section with highly liquid assets with a large daily trading volume.
It is noteworthy that CME collects the price from several trading venues, and the CBOE are based only on the quotes of exchange Gemini. This may cause traders more confidence.
Note that in the third quarter of 2018, the average daily trading volume of bitcoin futures on CME increased by 41%.
In February this year on the CME updated the record daily trading volume exceeded 18 thousand contracts.
Surge in bitcoin price leads to record $BTC futures volume on February 19 with over 18K contracts traded. https://t.co/X3zW4D861Y pic.twitter.com/Qldb1jaVgw
— CMEGroup (@CMEGroup) on February 21, 2019.
We will remind, the CBOE intends to revise the approach to the cryptocurrency ecosystem. In this regard, the exchange will not add the March contracts on bitcoin, however, has placed the futures will remain available for trading.
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