Largest US Options Exchange CBOE Enable Bitcoin Futures Trading by December 10

[Cordillerabit]

The Chicago Board Options Exchange (CBOE), the largest US options exchange with an annual trading volume of around 1.27 billion contracts, will enable Bitcoin futures trading at 5 p.m CT on December 10.

Ed Tilly, the chairman and CEO of Cboe Global Markets, stated:

“Given the unprecedented interest in Bitcoin, it’s vital we provide clients the trading tools to help them express their views and hedge their exposure. We are committed to encouraging fairness and liquidity in the Bitcoin market. To promote this, we will initially offer XBT futures trading for free.”

Source

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Will be interesting to see how this affects both the price and the stability of Bitcoin.