Breaking News

The Future of Bitcoin (Futures) – with Lanre Sarumi

With the launch of the first bitcoin futures only a couple of days away, JLN asked Lanre Sarumi, the CEO of the quantitative analytics software firm Riskbone as well as CEO of Level Trading Field, a free online financial news and analytics platform, what traders should know before taking the plunge into this very new product. Sarumi spoke about who will be trading the fledgling futures and why, the differences between the proposed contracts at Cboe, CME and Nasdaq, and some strategies traders might use to make the most of the current bitcoin mania.

 

For those who want to drill down even further, here are the contract specs for the Cboe’s and the CME’s new bitcoin futures:

Cboe: http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures/contract-specifications

CME: http://www.cmegroup.com/trading/bitcoin-futures.html

 

Interview by Sarah Rudolph

4.00 avg. rating (82% score) - 3 votes

About Author

Forrester is a video editor with John Lothian News.