CME Plans To Launch Spot Bitcoin Trading

[Peter90]

The Chicago Mercantile Exchange (CME), the world's largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times report.
This move would provide major hedge funds and institutional traders with a regulated venue to trade Bitcoin.

As Vivek Sun reports via Bitcoin Magazine, CME is already the global leader in Bitcoin futures trading. By adding spot bitcoin, it can offer clients an integrated platform that includes both spot and derivatives markets.
This enables complex trading strategies like arbitrage and basis trading that leverage price differences between the two.

Currently, most spot bitcoin trading occurs on offshore exchanges like Binance.
Institutional funds are more inclined to use CME than platforms like Coinbase due to existing relationships. The transparency and trust in CME's decades-long track record outweigh its lack of Bitcoin specialization.

zerohedge.com

[Faisal2202]

Institutional funds are more inclined to use CME than platforms like Coinbase due to existing relationships. The transparency and trust in CME's decades-long track record outweigh its lack of Bitcoin specialization.

Never used CME before, but it's a good thing to have another milestone, spot trading would add more volume, as people involved in the future also prefer to hold their funds on the same exchange they are using (CME), as sometimes market is not in a very good situation, and when you are in need of more funds, you want to deposit more BTC, which you can not do but now with spot option, you have a upper edge now.

The old traditional people, will definitely use this, and they will definitely buy BTC and will hold into this exchange I mean this platform is in existence since 1898, Can you believe it? But I am quite disappointed to see the number of people using it, the people are way lesser then the tier 1 exchanges you aforementioned, so collectively the volume would be more on these tier 1 what you think?

[Peter90]

The old traditional people, will definitely use this, and they will definitely buy BTC and will hold into this exchange I mean this platform is in existence since 1898, Can you believe it? But I am quite disappointed to see the number of people using it, the people are way lesser then the tier 1 exchanges you aforementioned, so collectively the volume would be more on these tier 1 what you think?

Hi Faisal

"To trade on the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME), you must be a member of the exchange.

To be an individual member of CME, you must be an adult with adequate financial resources to assume the responsibilities and privileges of membership and possess good moral character, a good reputation, and business integrity."


The requirements for trading in the CME are higher than for Coinbase.
You and me can register and trade on Coinbase, not so on CME.

CME trading - I guess - is more for institutions - companies -, not individuals.
Trading of one single bank can produce much more volume than 2.000 Faisals and Peters 

[Faisal2202]

CME trading - I guess - is more for institutions - companies -, not individuals.
Trading of one single bank can produce much more volume than 2.000 Faisals and Peters 

Hy Peter I hope you are doing fine, thanks for giving me a heads up here, as I said I am not a user of CME but thanks for giving me a short tour now I understand the traffic of CME must not be counted if we want to compare CME with other tier 1 exchanges. BTW what's the minimum fund or assets or properties you need in order to open an account for spot trading in CME?

I read this article of Registration on CME the method to create an account ton CME is almost the same, but yeah you are right, to do trading we need multiple things, which I don't know what's the procedure to get them. (Trading procedure). I mean they ask for a clearing firm relationship, and etc. I guess Coinbase and Binance is better. Although considering this new information, I will say its a good thing that CME has allowed there investors or customers to do spot trading in BTC, it will definitely bring more money into BTC and demand will definitely increase.

[Peter90]

CME trading - I guess - is more for institutions - companies -, not individuals.
Trading of one single bank can produce much more volume than 2.000 Faisals and Peters 

Hy Peter I hope you are doing fine,

Beside one stupid teeth giving me some hard time...
I'm doing more than fine Faisal 

......


Just waiting for my silver miners to do their job...

I have zero interest in opening an account at the CME, so I have no idea Faisal - but I have the biggest respect if you want to try 
I know the word CME only because CME owns the Comex.
The Comex (COM-modity EX-change) is the biggest exchange for gold & silver futures, so observing the behaviour of the traders at the Comex can help to decipher how G&S price will move short term.

Gold & Silver Trading

[Faisal2202]

Just waiting for my silver miners to do their job...

I have zero interest in opening an account at the CME, so I have no idea Faisal - but I have the biggest respect if you want to try 
I know the word CME only because CME owns the Comex.
The Comex (COM-modity EX-change) is the biggest exchange for gold & silver futures, so observing the behaviour of the traders at the Comex can help to decipher how G&S price will move short term.

I also have no interest right now haha, especially after seeing the requirements. So what exchange or platform are you using for silver trading or investing other than Comex? I never trade silver or gold TBH, so don't know how it feels, like I can assume we can trade like we trade crypto, right? BTW can we make the same type of profits from it, I read somewhere that, gold takes 10 years to repeat its bullish cycle so as a silver investor, does it also have a bullish or bearish cycle like BTC has?

If you don't mind to sharing your experience of trading in G&S, although I can see your silver miners are really making you money on silver right now, but overall, what we can expect from this pair? I hope you won't mind me asking this, as I want to step into this type of trading as well.

Well, while your silver miners are making money, I think it's time to visit the dentist hehe. I hope you get well soon.

[TomPluz]

CME trading - I guess - is more for institutions - companies -, not individuals. Trading of one single bank can produce much more volume than 2.000 Faisals and Peters 

You are right. CME is not like Binance or Coinbase which is very much open to individual users; this is surely limited to institutional players where business transactions can amount to millions in just a tap of the finger hence this is going to be another influential institutional involvement that can be working well for the price of Bitcoin for many months to come until, of course, the market can go sour when everybody will be jumping ship but this is just one of the many possible ups and downs in the market which is now listing Bitcoin into its own operation. For sure this CME move is a big welcome development and I am looking forward to how it can somehow shape things for Bitcoin today and into the future.

[Peter90]

Just waiting for my silver miners to do their job...

I have zero interest in opening an account at the CME, so I have no idea Faisal - but I have the biggest respect if you want to try 
I know the word CME only because CME owns the Comex.
The Comex (COM-modity EX-change) is the biggest exchange for gold & silver futures, so observing the behaviour of the traders at the Comex can help to decipher how G&S price will move short term.

I also have no interest right now haha, especially after seeing the requirements. So what exchange or platform are you using for silver trading or investing other than Comex? I never trade silver or gold TBH, so don't know how it feels, like I can assume we can trade like we trade crypto, right? BTW can we make the same type of profits from it, I read somewhere that, gold takes 10 years to repeat its bullish cycle so as a silver investor, does it also have a bullish or bearish cycle like BTC has?

If you don't mind to sharing your experience of trading in G&S, although I can see your silver miners are really making you money on silver right now, but overall, what we can expect from this pair? I hope you won't mind me asking this, as I want to step into this type of trading as well.

Well, while your silver miners are making money, I think it's time to visit the dentist hehe. I hope you get well soon.

I'm not enough smart to trade Faisal, call me a G&S hodler 
I trade only minimally (silver call options). I'm used to lose money but in the last couple of months Karma was good to me.
I use my local bank and their broker, it's not a sophisticated platform but enough for me.
If I'd try to trade G&S I'd probably use the exchange of Kinesis where one can trade PM, fiat and cryptos.

I buy call options with minimum 6 month duration, so if my buy-timing is bad as always there should be enough time for the price to come back up. Leverage 2-3 is enough for me.


The rationale for G&S miners is very simple:
G&S miners traditionally amplify G&S moves,
G&S are undervalued vs other assets,
G&S miners are undervalued both vs G&S and vs stock markets.


G&S are undervalued vs other assets




G&S miners are undervalued vs other assets




G&S miners are undervalued vs G&S

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G&S miners are undervalued vs stock markets