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Author Topic: Bitcoin Future Contracts To Be Launched By Parent Company Of The New York Stock  (Read 531 times)

Offline emma.lee1890

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Ice Futures Inc., the parent company of the New York Stock Exchange (NYSE), has announced the date for launching of Bitcoin Futures on its platform Bakkt, which was created just a few months ago with the sole purpose of trading, storing and spending digital assets. the date of launch is set for Wednesday, December 12, 2018. The document further states:
“The Bakkt Bitcoin (USD) Daily Futures Contract is a physically-settled daily futures contract for bitcoin held in Bakkt LLC, ICE’s Digital Asset Warehouse, and will be cleared by ICE Clear US, Inc.
Each futures contract calls for delivery of one bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in U.S. dollar terms. One daily contract will be listed for trading each Exchange Business Day.”

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Offline vycl87

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What do you think about this future thing? I think it is hurting Bitcoin and market.

 

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