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Tag Archives: bitcoin futures

Would You Wait Six Months To Get A Bitcoin Account? TT’s Michael Unetich Outlines The Crypto Obstacles And Opportunities Ahead Blog,Feature,Interview

Michael Unetich is seeing cryptocurrencies from both sides – as a trader and now on the service side as vice president of cryptocurrencies at Chicago-based Trading Technologies. He joined TT last September, his second stint with the firm, and is helping it break into new territory. The firm signed a deal in January linking TT to Coinbase’s GDAX exchange. JLN’s Jim Kharouf sat down with him at FinTank’s CryptoCon event in Chicago last month to find out where this asset class is going and the many things it still needs to grow. Q: Where are we in the crypto markets?…

Don’t Blink, The Markets Are Changing Right In Front of Your Eyes Blog,Commentary,Exchanges, OTC & Clearing,Feature,Fintech,Investing & Trading,Mwiki

Eighteen Years Later, Another Inflection Point Eighteen years after the start of this newsletter, the markets and its participants face new challenges that make reading JLN today even more important, relevant and necessary to keep abreast of the latest disruptive challenges. Today we find ourselves at an inflection point in the markets, with a new generation of digital natives discovering whole new opportunities in the markets, billions of dollars pouring into potentially disintermediating fintech and intense global interest in all things fintech and crypto. Back in 2000, when this newsletter was first published, the markets were facing the move from…

Amazon is taking over the stock market, too; U.K. starts cryptocurrency inquiry; France clamps down on crypto John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff What do you call a computer that sings? Adele. H/T Alexa.~JJL LME is launching an Introduction to Physical Trading and Warehousing course in London this March.~JJL A tidbit from yesterday’s JLN Options newsletter – the CIO for the Hawaiian pension fund that got burned selling puts is no longer with the fund.~SD According to a study by Credit Suisse and the London Business School, rare books have a seven fold return since 1900. Meanwhile, classic cars have 242 fold returns. But how are my comic books doing?~SD Registration is now open for the…

Wedbush’s Bob Fitzsimmons Says We’re Just Beginning To Build A Market For Bitcoin Blog,Feature

Bitcoin, The Long View: Wedbush’s Bob Fitzsimmons Says We’re Just Beginning To Build A Market For Bitcoin In December 2016, it was announced Bob Fitzsimmons would take the reins at Wedbush Securities as managing director and head of Wedbush Futures. Almost a year to the day later, he pushed Wedbush to be one of the first FCMs to offer a brand new product, bitcoin futures from Cboe Futures Exchange and CME Group. JLN’s Jim Kharouf sat down with him at the recent Fintank CryptoCon event to talk about just how well the separate contracts are doing, who is trading them…

Slippery Slope: Let’s Let Markets Decide On New Contracts Blog,Commentary,Feature

Do exchanges need further regulation on the contracts they launch? That is the question the Commodity Futures Trading Commission is addressing now with the so-called self-certification process for new contracts. Exchanges have not faced this type of scrutiny over the launch of a new product in recent history until Bitcoin. Several new contract ideas have been squashed by legislation or regulation, including movie futures and onion futures way back when. But for the most part, exchanges are allowed to introduce new contracts as they wish and ultimately let the markets decide on whether or not they offer enough value to…

Cboe’s Crypto Journey Just Getting Started Video,video

At STAC’s 92nd Annual Mid-Winter Meeting, JLN spoke with Michael Mollet, Cboe Global Markets’ director of product development, about the exchange group’s outlook on  cryptocurrency derivatives and what’s needed for more growth in the space.  It’s been more than a month since the launch of Cboe’s bitcoin futures, but to render a verdict on the success of the product is far too premature, Mollet says. Cboe is priming itself to be a market for cryptocurrency derivatives and its XBT offering is just a start.

THE Infrastructure Project: Trading Technologies and Coinbase’s GDAX Partner On Deal To Connect Cryptocurrencies To Institutions Blog,Feature

Cryptocurrency trading moved further into the mainstream today with the announcement that Trading Technologies and the Global Digital Asset Exchange (GDAX), one of the largest cryptocurrency exchanges, have partnered to offer the cash products on TT’s platform. This deal is potentially huge in the development for the newest asset class, cryptocurrencies, as it represents another major player in the derivatives space expanding the infrastructure for it. TT and GDAX, owned by Coinbase, will be offered to customers beginning in March. With 19 of the top 20 futures commission merchants connected to TT, this will enable customers who already trade cryptocurrencies…

VIX bets surging; LCH begins credit options clearing; Fast moving stocks Newsletter,Options

Lead Stories Stock market volatility, VIX bets are surging Joe Ciolli – Business Insider Traders are betting more and more that the stock market will soon snap out of its prolonged slumber. This can be seen through a measure called skew, which looks at bullish CBOE Volatility Index, or VIX, options contracts compared with bearish ones. It’s at its highest level in two years, having risen swiftly in recent weeks, indicating an expected volatility spike. jlne.ws/2D347UR ****SD: Mentions 50 Cent – in 2018, I hope we get more hip-hop themed volatility traders. LCH begins credit options clearing Helen Bartholomew –…

America’s economic selling points at risk; Investors’ fossil-fuel cut commitments; Bitcoin futures broking John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff The CFTC’s Technology Advisory Committee will meet in Washington, DC on January 23, 2017. As a TAC member, I will be in attendance.~JJL Asia Pacific Financial News from John Lothian News – December 12, 2017~JJL Interest in volatility products is not limited to the Cboe – Eurex will end 2017 with record trading volumes in its VSTOXX futures and options.  Options ADV has roughly doubled and daily futures trading is up some 37 percent.~SD The @JohnLothian twitter account yesterday tweeted 139 times and had 50,707 original impressions.~JJL CME Group has already raised…