The Intercontinental Exchange and their flagship Bitcoin product Bakkt are said to be looking to jump in ahead of the CME group to release a Bitcoin options contract. Apparently, It wants to beat its rival CME, which is looking at a 1Q 2020 launch for its own bitcoin option contract. Deribit in Amsterdam already sell Bitcoin options but they do not have the standing of CME or ICE. It has been said that BTC options will attract more institutional investors and improve the digital currencies reputation amongst the finance community. Just today it was announced that the CME group are looking into an Ethereum futures contract after CME chairman called Ether a “commodity”. Mr Tarbert said he believes ether is not secure when speaking at the Yahoo! Finance All Markets Summit. In a strong opening statement Tarbert said he wants America to lead in the game of blockchain he then went on to say: “We’ve been very clear on bitcoin: bitcoin is a commodity. We haven’t said anything about ether – until now,” Tarbert said. “it is in my view as chairman of the CFTC that ether is a commodity.” So now its the battle of the exchanges, options contracts could be lucrative and being first to market could provide a competitive edge. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Forex News Today: Daily Trading News share Read Next Federal Reserve’s Mester: US is likely to avoid a serious downturn FX Street 4 years The Intercontinental Exchange and their flagship Bitcoin product Bakkt are said to be looking to jump in ahead of the CME group to release a Bitcoin options contract. Apparently, It wants to beat its rival CME, which is looking at a 1Q 2020 launch for its own bitcoin option contract. Deribit in Amsterdam already sell Bitcoin options but they do not have the standing of CME or ICE. It has been said that BTC options will attract more institutional investors and improve the digital currencies reputation amongst the finance community. Just today it was announced that the CME group are… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
