CBOE will start bitcoin futures trading on December 10

nBankruptcy Commentary: CBOE has finally finalized the trading hours of its bitcoin futures after the CME announced the launch date of its bitcoin futures products early, and the announcement has officially started on December 10 and will be provided by the end of December Free service. The CEO of CBOE also disclosed the reasons for the launch of the product and the direction of its future efforts, demonstrating its superiority and responsibility as a large exchange.n
nTranslation: Inan
The Chicago Board Options Exchange (CBOE) announced that its planned launch of Bitcoin futures will begin trading on December 10.n
The company said in a December 4 statement that the deal will begin at 5:00 CET on December 10 and be the first full-day trading day on Monday (December 11). The product will be traded on the CBOE Futures Exchange (CFE) under the symbol “XBT”. The company added in its statement that the trading of the futures product is free until the end of December.n
As the CME Group launched the Bitcoin futures products will be officially launched on December 18, CBOE this news is quite noticeable.n
Ed Tilly, chairman and chief executive officer of CBOE, said in a statement:n
n”Given the tremendous interest people have in Bitcoin, it is imperative that we provide our clients with trading tools to help them express their opinions and reduce the risks they face.” We are committed to encouraging fairness and liquidity in the Bitcoin market, This, we will first provide free trading XBT futures. “n
nIt’s the first time CBOE has been detailing its plans to develop bitcoin futures products for several months. In August, the exchange is working with the Gemini Trust, a bitcoin exchange operated by Winklevoss brothers in New York.n
CBOE’s move is accompanied by a rise in bitcoin prices. According to CoinDesk’s Bitcoin Price Index (BPI), the current transaction price of bitcoin has reached about $ 11,400.n

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