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CME’s Quick Respons to CBOE’s Bitcoin Futures Suspension Likely Capture Large Market

Well, CBOE discontinued Bitcoin futures in March, the rival CME has no plans to follow its footprints. However, CME is well performing the market, capturing the bitcoin futures potential that CBOE has temporarily restricted.

CME Has No Plans to Discontinue

To remind, CBOE (Chicago Board Options Exchange) was the first global exchange launching Bitcoin futures which were then followed by CME (Chicago Mercantile Exchange) in a similar time frame. As Coingape reported, CBOE released a notice on March 14, elaborating the reason behind why are they pondering bitcoin futures contract from their list of offers for the March 2019. It stated as follows;

“CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for trading in March 2019. CFE is assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading. While it considers its next steps, CFE does not currently intend to list additional XBT futures contracts for trading.”

However, the…

Read Full Story : Coingape

2019-03-16 10:26:10

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