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.
The exchange has reportedly held talks with traders expressing strong interest in trading bitcoin in a regulated environment. The move comes as Wall Street ramps up its Bitcoin offerings amid surging demand. Several firms already provide access to SEC-approved Bitcoin ETFs earlier this year. CME would differentiate itself by allowing sophisticated trading strategies beyond simple directional bets.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore wants to shake up its stock marketSGX needs help despite the country’s role as a thriving financial centre
Source: FT - 🏆 113. / 51 Read more »
Peddler Market Leeds: Award-winning market to return to city after success of debut eventAn award-winning market is to make a return to Leeds after its debut event in the city proved a success among shoppers.
Source: LeedsNews - 🏆 48. / 63 Read more »
Beverley Saturday Market: Plan to permanently pedestrianise part of Yorkshire market delayed amid cost concernsA decision on whether to make the pedestrianisation of part of Beverley’s Saturday Market permanent has been delayed amid questions over the cost of only doing it seasonally.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »
AMD continues to chip away at Intel's CPU market dominance, though the laptop market is still a tough market to crackChris' gaming experiences go back to the mid-nineties when he conned his parents into buying an 'educational PC' that was conveniently overpowered to play Doom and Tie Fighter. He developed a love of extreme overclocking that destroyed his savings despite the cheaper hardware on offer via his job at a PC store.
Source: pcgamer - 🏆 38. / 67 Read more »