Topic: [2014-10-06] CD: Coinarch Brings Investment Banking Products to Bitcoin (Read 1209 times)
October 06, 2014, 07:55:12 PM
not a big news! A few companies provided already. I was attracted by the title.
October 06, 2014, 11:33:38 AM
Coinarch Brings Investment Banking Products to Bitcoin
Coinarch, an online trading platform based in Singapore, has become the latest in a handful of companies offering derivatives based on bitcoin’s value – including what the firm says is the bitcoin world’s first ‘reverse convertible’ investment product.
The appearance of such investment products is potentially a sign that bitcoin is maturing as a financial market, making activities like hedging easier.
The first product in the firm’s arsenal is the Booster. Designed for people wanting to bet on the rise or fall of bitcoin prices (going ‘long’, or ‘short’), it offers investors leverage to increase their potential gains.
http://www.coindesk.com/coinarch-brings-investment-banking-products-bitcoin/
Coinarch, an online trading platform based in Singapore, has become the latest in a handful of companies offering derivatives based on bitcoin’s value – including what the firm says is the bitcoin world’s first ‘reverse convertible’ investment product.
The appearance of such investment products is potentially a sign that bitcoin is maturing as a financial market, making activities like hedging easier.
The first product in the firm’s arsenal is the Booster. Designed for people wanting to bet on the rise or fall of bitcoin prices (going ‘long’, or ‘short’), it offers investors leverage to increase their potential gains.
http://www.coindesk.com/coinarch-brings-investment-banking-products-bitcoin/
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