CFTC Warns on Bitcoin Futures as Exchanges Ready Contracts

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The US Commodity Futures Trading Commission (CFTC) made the unusually guarded statement as the Chicago Mercantile Exchange Group (CME) announced that it had self-certified its futures contract for trading, starting December 18. It added that it had not given its approval to the instrument yet.

The CME contract will have an initial margin rate of 35 percent, the exchange group said, following intensive discussions with CFTC staff over the past several months. It will be a fully cash-settled

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]