Two major companies applying for Bitcoin ETFs after CBOE launched bitcoin futures LeapRate

December 11, 2017 BY Mariela Naydenova

Two major companies applying for Bitcoin ETFs after CBOE launched bitcoin futures

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…

December 11, 2017 BY Mariela Naydenova

Bitcoin futures off to a great start on Wall Street

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,…

December 08, 2017 BY Valentina Kirilova

CFTC releases Rule Enforcement Review of CBOT, CME, COMEX, and NYMEX

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has issued the results of a rule enforcement review that recommends the exchanges reviewed make certain improvements as noted below. The Division reviewed the Chicago Board of Trade (CBOT), the Chicago Mercantile Exchange (CME), the Commodity Exchange, Inc. (COMEX), and the New York Mercantile…

December 04, 2017 BY LeapRate Staff

CFTC issues recommendations to CBOT, CME, COMEX and NYMEX on rule enforcement

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has issued the results of a rule enforcement review at the Chicago Board of Trade, Chicago Mercantile Exchange, Commodity Exchange, Inc. and New York Mercantile Exchange, Inc. that recommends the exchanges reviewed make certain improvements as noted below. The Division reviewed the Chicago Board…

November 21, 2017 BY Mariela Naydenova

JPMorgan may be heading into bitcoin futures

After Jamie Dimon, the CEO of JPMorgan, slammed bitcoin as a "fraud", JPMorgan is now reportedly heading to bitcoin futures, once CME launches the product in early December, 2017, according to CNBC. A report from Wall Street Journal reads: "J.P. Morgan is considering whether to provide its clients access to CME's new bitcoin product through…

November 14, 2017 BY Mariela Naydenova

Man Group, a large hedge fund in London, ready to launch bitcoin products

Man Group, the world's largest publicly traded hedge fund company, reporting $103.5 billion in funds under management as of September 2017, announced its readiness to add Bitcoin to its portfolio. The CEO of Man Group, Luke Ellis, expressed his positive opinion on Bitcoin and its potential addition to the products the hedge fund manages, especially if…

November 03, 2017 BY Mariela Naydenova

Bitcoin just surpassed $7,400, with an annual increase of +900%

Bitcoin price hit a new all-time high on Friday, 3rd November, surpassing $7,400. Thus, the current total market capitalization of cryptocurrencies is around $200 billion, according to CoinMarketCap. The current total market cap of Bitcoin itself is around $123 billion, representing 62% of the total capitalization of all digital currencies. The "people's currency" was up with…

November 03, 2017 BY Mariela Naydenova

The Triumph of Bitcoin

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…

August 02, 2017 BY Valentina Kirilova

Eurex Clearing passes Brexit market conditions fire drill

During the last week of April, Eurex Clearing, LCH Swapclear and CME have simulated the default of a major participant – based on the Brexit market conditions as of 24 June 2016. At Eurex Clearing, the defaulted member’s portfolio represented one of the largest clearing members with open positions in listed equity (index) derivatives, pending…

July 19, 2017 BY admin

CME announces 1st cleared Korean Won & Indian Rupee interest rate swaps

CME Group, the global derivatives exchange, and marketplace, today announced it has cleared two new swap currencies: the Indian Rupee (INR) Overnight Index Swaps (OIS) and Korean Won (KRW) Interest Rate Swaps (IRS). With these two new additional currencies, CME Group now offers 21 clearable OTC IRS currencies. Sean Tully, Senior Managing Director of Financial…

Tag: CME