The top derivatives regulator in the US has created a new information portal for cryptocurrencies, a move that came just days ahead of a major bitcoin futures launch.
The contracts were priced only 2% higher than the actual Bitcoin price, which made trading them more effective than CBOE's, which were as much as 13% higher than the BTC price. But two days later Cboe Global Markets said it was launching its own futures contract on December 10, a week before CME.
India's Congress party asks Communists for support
He was appointed as the party general secretary in 2007 and was then elevated as its vice president in January 2013. Gandhi succeeds his mother, Sonia Gandhi, who led the party for the last 19 years.
The CME exchange may see higher volume overnight as markets open on Monday morning in the US.
The reference price, from which price limits are set, is US$19,600 for the February contract, US$19,700 for March and US$19,900 for June, according to CME. TD Ameritrade, a major brokerage for retail traders, will allow buying and selling of bitcoin futures.
Cboe futures are based of Bitcoin value on just one exchange - the Gemini exchange, founded by the Winklevoss twins - while CME futures will be based off four exchanges.
Disclosure: CME Group is an investor in Digital Currency Group, CoinDesk's parent company. The contracts, which settle in dollars and trade on regulated exchanges, can be bought by institutional investors that are prohibited from buying bitcoin directly on largely unregulated exchanges. So in notional terms, 5125 Bitcoins traded at the CME today, compared to 3751 at the CBOE. The most active contract in the CME trading traded 221 times in the first hour of trading.
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Serena Williams match at the Sony Ericsson Open at the Crandon Park Tennis Center in Key Biscayne, Florida on April 2, 2009. While they've never revealed their status, she does wear a giant yellow diamond on her left hand's ring finger.
The general sentiment in the market remains one of caution, which is reflected in margin requirements for the contracts.
At the starting of this year, TradeStation also extended support for real-time market data for CME's two Bitcoin indices, including BRR and the CME CF Bitcoin Real Time Index.
The margin requirement at CME is 35 per cent, while at Cboe, it is 40 per cent, reflecting bitcoin's volatility.
NBC Paid Staffer Severance After Accusing Chris Matthews Of Harassment
The network recently terminated Mark Halperin of Morning Joe and Matt Lauer of Today amid mounting sexual harassment allegations. As a result of the comments, the employee brought a formal complaint to NBC executives at the time.
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