Want more fiat flowing into BTC? Help get BTC on CME/Globex!

BTCtrader71

hero member

Activity: 784

Merit: 1001

Looks like the National Stock Exchange is getting behind bitcoin. I'm not a trader so I don't know the answer to this: which carries more heft, the NSX or CME/Globex? Is CME/Globex more likely to come on board now that NSX is doing so?

From http://www.prweb.com/releases/2014/04/prweb11780526.htm :

Quote

Atlas ATS and The National Stock Exchange (“NSX”) today announced they have signed a Memorandum of Understanding to have NSX develop and enforce rules to regulate Atlas ATS, thereby making Atlas the first fully regulated U.S.-based digital currency exchange.

refs:
https://atlasats.com/
http://en.wikipedia.org/wiki/National_Stock_Exchange_(Jersey_City,_New_Jersey)
http://en.wikipedia.org/wiki/Chicago_Mercantile_Exchange

YipYip

hero member

Activity: 574

Merit: 500

Quote from: Raystonn on April 28, 2014, 07:07:25 PM

Do you want more fiat flowing into BTC? We need an exchange in the U.S. that is covered by industry-standard insurance. We need trading offered on an exchange that is already available to investors. This means CME/Globex. We need BTC added here: http://www.cmegroup.com/trading/fx/

If BTC futures contracts are offered on CME/Globex, then investors won't have to fear the Bitcoin infrastructure. They will have industry-accepted insurance against loss due to Exchange problems. All existing trading platforms already support CME/Globex. So this will be nearly a no-op (no effort) in getting the product offered to investors once it's on this exchange.

If you want this to happen, get into their IdeaExchange program at http://www.cmegroup.com/company/idea-exchange.html and push BTC to their product managers!

Good move Dude ....I dont know what type of reception you will get though .. but its worth a shot now that it is all legal likes ..

If btc\ltc could be traded on tradestation that would be awesome Cheesy

I think ATLAS are hooking up with a regulated exchange and should be able to offer all the goodies that we want Cheesy

Raystonn

sr. member

Activity: 364

Merit: 250

Do you want more fiat flowing into BTC? We need an exchange in the U.S. that is covered by industry-standard insurance. We need trading offered on an exchange that is already available to investors. This means CME/Globex. We need BTC added here: http://www.cmegroup.com/trading/fx/

If BTC futures contracts are offered on CME/Globex, then investors won't have to fear the Bitcoin infrastructure. They will have industry-accepted insurance against loss due to Exchange problems. All existing trading platforms already support CME/Globex. So this will be nearly a no-op (no effort) in getting the product offered to investors once it's on this exchange.

If you want this to happen, get into their IdeaExchange program at http://www.cmegroup.com/company/idea-exchange.html and push BTC to their product managers!

Topic: Want more fiat flowing into BTC? Help get BTC on CME/Globex! (Read 672 times)