E-Trade offers Bitcoin futures transactions through CME Group
Ter thesis weeks the increase te the price of bitcoin has awakened a decisive rente ter investment possibilities and several firms specializing te financial services have taken significant steps ter this direction, suggesting to their customers bitcoin products that are being well received. This is the case of E-trade Financial, a major financial services rigid, which is suggesting bitcoin futures to its customers. The Fresh York-based rock hard permits investors to buy and sell securities such spil stocks, bonds, options, mutual funds, spil well spil savings products. E-trade embarked trading te bitcoin futures through the CME portal on January Two, 2018.
E-trade is the last broker to begin suggesting bitcoin futures operations after the launch of bitcoin derivatives CBOE and CME te mid-December 2017. The continuous increase te the price of bitcoin and the interests of investors led to the two giants of financial services to futures contracts on their platforms.
Other firms such spil Interactive Brokers and TD Ameritrade, also launched their bitcoin futures ter December 2017, and spil well spil E-Trade, they began suggesting their clients access to Chicago Houtvezelplaat Options Exchange Futures (Cboe) spil well.
The CBOE, founded ter 1973, has the record of being the very first to suggest bitcoin futures trading, which they did since its announcement ter August 2017. On that occasion CBOE announced that it would make possible the suggest to bitcoin futures through an agreement of special global license for several years with the Gemini digital currency exchange, which wasgoed founded and operated by the Winklevoss twins, to obtain precise price quotes and bitcoin gegevens from Gemini Trust.
This decision by CBOE and Gemini to integrate bitcoin services into the largest options trading podium ter the US can be evaluated spil an influence according to the example that other financial services firms have followed since then.
Recall that the Securities and Exchange Commission (SEC) rejected the bitcoin COIN ETF ter March 2017, for which the Winklevoss twins led the effort at that time. The latest budge with CBOE to launch bitcoin futures contracts increases the likelihood of approval te the next Eighteen months, and even more so with the adoption of the offerande of financial products te bitcoin that has bot introduced.
The markets are defining the realities, and already the view of January 2018 versus March 2017 is radically different, and the best reflection is given by the price of bitcoin.
It is natural to expect that thesis financial services firms obtain huges benefist by suggesting fresh products, such spil bitcoin futures trading. The case of Plus500, a financial betting rock hard, which experienced a acute increase ter the price of its shares during 2017 and early 2018 is evidence of this.
There are many expectations that the launching of bitcoin futures trading by thesis financial institutions will intensify the upturn te the world’s emblematic cryptocurrency.