Again USA has taken the Lead with Launching "Bitcoin Futures Contract Trading" on CME and CBOE in Chicago, USA.
We have to ask the Question Why is USA doing it ?
What does USA know compared to other countries ?
This shows Financial Leadership compared to Europe or Asia.
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I am positively sure about one important point. USA is going to generate a lot of profit from these contracts and this will force the financial market traders from other countries to participate for profit taking Action.
Point to remember in the the Futures contract - there is always ONE Party Wining and the Other Party Losing ?
Where do you want to Be ?
What is your position WINNER or LOSER ?
I am sure USA has already developed Strategy to win in the Bitcoin Futures Market.
*** To Participate with Bitcoin Trading - Learn & EARN
The First U.S. Bitcoin Futures
Bitcoin futures are now available for trading on the Cboe Futures Exchange, LLC (CFE). CFE launched trading in Cboe bitcoin futures on December 10 under the ticker symbol "XBT"
This brings many benefits to traders, including transparency, efficient price discovery, deep liquidity and centralized clearing. XBTSM futures provides a centralized marketplace for participants to trade based on their view of bitcoin prices, gain exposure to bitcoin prices or hedge their existing bitcoin positions.
Dec 11th - 2017 - 1st Day of Trading - Bitcoin Prices JUMP.
What Do Bitcoin Futures Do?
Trade Based on Your Outlook or Hedge Your Bitcoin Risk
XBT futures provides a way for traders to buy and sell bitcoin futures in a highly regulated marketplace nearly 24 hours a day, five days per week. Gives traders the flexibility to invest and divest at the optimal time for your specific trading strategy.
Get Exposure to Bitcoin Price Moves without Holding Bitcoins
XBT futures provides investors / traders with the opportunity to buy, sell and trade bitcoin futures or implement your trading strategies without having to pay for the actual currency.
Why Trade XBT Futures
Settle to a Single Auction Price
XBT futures is a cash-settled contract that settles to a single, tradeable auction price. In designing XBT futures, Cboe leveraged its significant product development expertise to design an instrument that allows participants to implement trading strategies in a manner to which they are accustomed. The single price settlement process gives participants the option of using XBT futures to hedge their exposure in underlying bitcoin or gain exposure to traded bitcoin prices without holding bitcoin.
More Info - Contact
Jerry Cabral - Strategic Advisor
Blockchain Knowledge Centre - BkcNet