Nadilapars Posted November 15, 2017 Report Share Posted November 15, 2017 ME Group’s announcement on Tuesday (October 31) that it intends to offer futures on Bitcoin this month sent the cryptocurrency surging past $6,400 for the first time; the group’s move has been viewed as bringing Bitcoin a step closer to acceptance within mainstream finance by placing it alongside the CME’s stable of futures on interest rates, stock indices, commodities and currencies. Bitcoin’s price has soared from $966 at the start of the year, breaking through the $5,000 mark for the first time on October 11 before settling at $6,362.65 in afternoon trading on October 31, up by 4% for the day. Futures are derivatives contracts that investors and companies typically use to speculate on prices or hedge risk against turns in the market. Other major markets like stocks, bonds, commodities and currencies all have derivatives based on them. CME’s futures option would allow investors to hedge bets that the price of bitcoin will rise, something that is difficult at present.  For More Detail : Bitcoin takes a big stride away from fringes of finance  May Be Useful Quote FXB trading | Super-Tight Spreads Link to comment Share on other sites More sharing options...
Resolve Posted October 16, 2022 Report Share Posted October 16, 2022 We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen. Quote FXOpen - True Regulated ECN Broker Link to comment Share on other sites More sharing options...
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