Bitcoin is currently rising and many are wondering why. As of this writing, Bitcoin is worth around $7,403 according to major exchanges. Bitcoin futures, on the other hand, seem to be experiencing a steady growth after the product was launched in December 2017, when Bitcoin was hitting $20,000. Both CBOE and CME launched Bitcoin futures.…
Read moreThe SEC has recently announced that Ethereum, the second largest cryptocurrency in the world by market cap, will not be treated as a security by the SEC. The news is an important one, especially for what it might mean for the development of ETH-related "offsprings". Bloomberg reported that the CBOE Global Markets President, Chris Concannon,…
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Just after CBOE, the Chicago-based exchange, launched Bitcoin futures, two firms have filed applications for bitcoin ETFs that trade in crypto derivatives. CryptoCoinsNews just reported that, according to the SEC public filing system, the commission has received new applications for both REX Bitcoin Strategy ETF and REX Short Bitcoin Strategy ETF, as well as VanEck…
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On 10th of December, CBOE Global Markets launched the new bitcoin product on the market - bitcoin futures. CBOE became the first exchange to offer bitcoin futures, while CME launches them on 17th of December. While many expected the price of Bitcoin to crash and for the futures to trade at a relatively low price,…
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After much speculation about the direction of Bitcoin, the cryptocurrency hit a new all-time high, hitting almost $7,400, as could be seen in the graph below. There may be several reasons for that. First, there was a lot of interest in Bitcoin from traders in Japan and South Korea. Second, when CME, the largest options…
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Index Industry Association (IIA), a global organization of index administrators, has today announced the addition of three new members. CBOE Holdings (CBOE), China Central Depository & Clearing Co., Limited (CCDC) and the Tokyo Stock Exchange , Inc. (TSE) will join IIA in promoting awareness of the function of indices in global markets. Since its launch…
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Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company announced today that it is proposing to adopt a new, competitively priced alternative to the primary market closing auctions that take place at the end of the U.S. equities trading day, subject to regulatory approval. The creation of Bats Market Close (BMC), an end-of-day match process for non-Bats listed…
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30 Issuers, 161 funds now listed on Bats in the U.S. Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, welcomed two new PowerShares ETFs to the Bats ETF Marketplace. The PowerShares S&P 500 Value with Momentum Portfolio (Bats: SPVM) seeks investment results that generally correspond to the price and yield of the S&P 500® High Momentum…
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Chicago Board Options Exchange (CBOE) announced it has launched the CBOE S&P 500 Range-Bound Premium Income Index (SPRI), which is designed to serve as a benchmark for investors aiming for consistent income distributions while taking the view that short-term equity returns will be range-bound. The CBOE S&P 500 Range-Bound Premium Income Index measures the performance…
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Bats Global Markets, Inc. (Bats: BATS) just reported 2016 highlights, including the April initial public offering, the September CBOE transaction announcement and continued strength across all of its markets, led by record full-year U.S. Options market share and U.S. ETF listings growth. IPO: In April, Bats completed its IPO on Bats Exchange of 15,295,000 shares…
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