Investment Bank Goldman Sachs started trading bitcoin derivatives. The product is only available to a limited number of customers selected by the Bank. This is with reference to “direct source” tells The Block.

In particular, we are talking about “non-deliverable forward contracts.” The names of the clients peroidically bitcoin NDF, as the name of The source Block, the report stated.

In addition, the source The Block has refuted reports that Goldman Sachs is in the process of decision-making about the launch of similar derivatives on the basis of the ether. Such a project associated with the futures ETH, leads Cboe Global Markets. The exchange had announced the imminent withdrawal of the product to the market in late August, but the official announcement still has not taken place.

According to the source of The Block, trial trading bitcoin NDF are in half-because Goldman Sachs at the same time performs the analysis of the demand for this type of derivatives. At the moment, the Bank polls its customers, including senior bankers and trading companies, about the best scripts of the output NDF contracts on the market. According to the source of The Block, in General, customers of Goldman Sachs were not considered buying bitcoin forwards, however, showed interest to work with this tool.

In addition, Goldman Sachs is planning to open a custodial service for cryptocurrency investments. For the first time about it it became known in August.