3 local time June 14, the Chicago Board Options Exchange (CBOE) said that in the 3 month will not add a bitcoin futures market, the reason is necessary to reexamine how to enter this field. The current listing of bitcoin trading futures contracts still, it means that the final list will expire in 6 month contract XBTM19.
CBOE bitcoin futures contracts have been unsuccessful, the position is very small, not worth mentioning on the bitcoin market.
The Chicago Board Options Exchange officially launched bitcoin trading futures in December 11, 2017. In December 18th, the Chicago Mercantile Exchange (CME) launched bitcoin futures contracts. The two were launched shortly before and after bitcoin futures products, but the market share of CBOE is no more than CME. According to the analysis of Tradeblock data, you can see the CME futures trading volume was significantly higher than that of CBOE.
According to the U.S. Commodity Futures Commission (CFTC) by the end of January 22nd, the latest release of the BTC futures positions, Cboe data show that bitcoin futures positions 3589 hands, a decrease of 799. In the “report positions” (Reportable Positions), 2009 more than a single hand, empty single 3148 hand, net short number 1139. CME bitcoin futures positions 4976 hands, long leveraged fund contract for 3341 hand, short contracts for 2863 hands, 478 hand net long contracts.
The market in March 14th, CBOE bitcoin XBT May futures contract closed up $12.50, or 0.33%, to $3847.50.
Twitter users comments, because the CME in the year 2018 in providing incentives to increase trading volume / discount. However, this period was 2 months, so the next few months the turnover trend will be very interesting.
It is reported that the CBOT bitcoin futures is settled in cash, which means that in the end of the contract, Party A will pay another $bitcoin spot and futures price difference. In contrast, rival Bakkt and ErisX plan to provide real settlement of futures contracts, the delivery of bitcoin to buyers.
At present, the U.S. Securities and Exchange Commission (SEC) is still under consideration whether the approval of ETF, some people think that Cboe decided this is not a good omen.
According to the February report, the United States two market regulators — the United States Securities and Exchange Commission (SEC) and CFTC share their bitcoin futures and ETF views. SEC Commissioner Hester Peirce said “there are a lot of market is not regulated, but we still in the establishment of product.” On the other hand, CFTC Commissioner Brian Quintenz has expressed his views on bitcoin futures, explained the difference between goods and securities. The last Peirce of the clarification of encryption currency against regulatory stance, “said the market situation is too confusing, and hinting at the possibility of cooperation between CFTC and SEC:” (this is) I think Brian and I are interested in working place…… Where is your jurisdiction on the end and our jurisdiction where the beginning of the problem, we don’t want to overlap in this part of the work, I think it is a pressing matter of the moment we need to do better in providing guidance.”
Friends sigh, ETF approval can not be delayed.
I’m Odaily the daily planet reporter Wu Suixin (micro signal wsuixin12), plus friends please note Name, unit, position and reason.