The end of the year marked the arrival of bitcoin futures contracts. Since CME Group and the CBOE announced their bitcoin futures contracts launch - the world awaits for the new wave of Bitcoin adoption.
In this article you can find the most important information about upcoming bitcoin futures.
1. CBOE Futures
Sales date: December 10, 2017
Contract unit: The Cboe Bitcoin Futures Contract will use the ticker XBT and will equal one bitcoin.
Trading hours: Cboe’s XBT contract will trade on CFE, with regular trading hours of 9:30 a.m. to 4:15 p.m. Eastern time on Mondays and 9:30 a.m. to 4:15 p.m Tuesday through Friday. Extended hours will be 6 p.m. Sunday to 9:30 a.m. Monday, and 4:30 p.m. Monday through to 9:30 a.m. Friday.
Margin rate and clearing: Cboe’s contract will clear through the Options Clearing Corporation and a 30% margin rate will apply.
Contract expirations: Cboe said it may list up to four weekly contracts, three near-term serial months, and three months on the March quarterly cycle.
Price limits and trading halts: Cboe will halt trading in its contract for 2 minutes if the best bid in the XBT futures contract closest to expiration is 10 percent or more above or below the daily settlement price of that contract on the prior business day.
2. CME Futures
Sales date: December 17, 2017...
Read more: https://hype.codes/bitcoin-futures-are-coming
Well the repercussions are clearly shown in terms of the price of bitcoin. Too much hype, which is causing literally everyone to call bitcoin to be a bubble, just like the real estate bubble back in the day. Stupid people want to pump the price so badly, gain the attention and boom ruin the whole thing after some time. Don't want stock market people to come play with bitcoin now, seriously. The crypto world is much better without the likes of them. But fucking no one can do anything 'bout it. In this article you can find the most important information about upcoming bitcoin futures.
1. CBOE Futures
Sales date: December 10, 2017
Contract unit: The Cboe Bitcoin Futures Contract will use the ticker XBT and will equal one bitcoin.
Trading hours: Cboe’s XBT contract will trade on CFE, with regular trading hours of 9:30 a.m. to 4:15 p.m. Eastern time on Mondays and 9:30 a.m. to 4:15 p.m Tuesday through Friday. Extended hours will be 6 p.m. Sunday to 9:30 a.m. Monday, and 4:30 p.m. Monday through to 9:30 a.m. Friday.
Margin rate and clearing: Cboe’s contract will clear through the Options Clearing Corporation and a 30% margin rate will apply.
Contract expirations: Cboe said it may list up to four weekly contracts, three near-term serial months, and three months on the March quarterly cycle.
Price limits and trading halts: Cboe will halt trading in its contract for 2 minutes if the best bid in the XBT futures contract closest to expiration is 10 percent or more above or below the daily settlement price of that contract on the prior business day.
2. CME Futures
Sales date: December 17, 2017...
Read more: https://hype.codes/bitcoin-futures-are-coming
