Crypto Futures News 

Bitcoin futures debut on CME, taking bigger Wall Street stage

“The CME futures, like the ones that CME competitor the Cboe started trading last week, do not involve actual bitcoin” writes Alexandra Olson for sun-sentinel.com. Bitcoin’s price has skyrocketed on private exchanges this year, largely under its own momentum, piquing interest on Wall Street.EST (1220 GMT) Monday the futures contract that expires in January was at $19,560, up $60.Further, the Commodities Futures Trading Commission has proposed regulating bitcoin like a commodity, not unlike gold, silver, platinum or oil.The CME’s futures will track an index of bitcoin prices pulled from several…

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Futures News Stocks 

Futures gain on rising tax bill hopes, corporate dealmaking

“Dec 18 (Reuters) – U.S. stock index futures were higher on Monday, set to push Wall Street to new records, buoyed as the long-awaited tax overhaul plan looked set for legislation and by a flurry of year-end dealmaking topping $10 billion so far. * Top U.S. Republicans said on Sunday they expected Congress to pass the tax bill this week, with a Senate vote set for as early as Tuesday and President Donald Trump aiming to sign the bill by the end of the week. * The three main U.S….

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AUD Futures News Stocks 

Financials drive gains in Japan, Australia on investor optimism over U.S. tax plan

“Financial stocks drove gains in Japan and Australia on Monday as investors reacted to prospects of a completed tax bill getting through Congress this week” writes Kenan Machado for marketwatch.com. The Nikkei NIK, +1.55%  closed up 1.6%, aided by 2% gains for some major financial stocks.It was recently around $18,952, versus $19,500 just before futures trading started.Stocks in much of the rest of Asia Pacific were little changed, though Hong Kong’s Hang Seng HSI, +0.70%  as up 0.4% amid support from financial stocks there as well.Bitcoin was again in focus,…

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Futures News Reviews 

Futures Daily Review December 18, 2017

Futures Daily Review for December 18, 2017 Bitcoin Futures First Week Earns C- Grade Bitcoin futures had an interesting first week that didn’t live up to the hype. The open interest and volume patterns earned a C- score and leaves did little to resolve the debate over how legitimate bitcoin is or isn’t going forward.   Futures Pointing To Initial Strength On Wall Street The major U.S. index futures are pointing to a higher opening on Friday following the downturn seen over the course of the previous session. The markets…

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Crypto Futures News 

New Bitcoin-based security bounces in trading debut on CME

“The CME futures, like the ones that CME competitor the Cboe started trading last week, do not involve actual bitcoin” writes The Associated Press for seattletimes.com. EST (0720 GMT) Monday the futures contract that expires in January was at $19,405.00 after opening higher at $20,650.Further, the Commodities Futures Trading Commission has proposed regulating bitcoin like a commodity, not unlike gold, silver, platinum or oil.Bitcoin’s price has skyrocketed on private exchanges this year, largely under its own momentum, piquing interest on Wall Street.NEW YORK (AP) — A new security based on…

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Futures News 

Dow, S&P 500 ready to power to new records on fresh tax-plan optimism

“The greenback advanced on Friday on increased optimism the Republican tax bill will get approved before Christmas” writes Markets Reporter for marketwatch.com. Dow Jones Industrial Average futures climbed more than 100 points on Monday, with indexes poised for fresh records on growing confidence the Republicans will succeed in getting a major tax bill passed this week.Futures for the Dow Jones Industrial Average YMH8, +0.45%  climbed 105 points, or 0.4%, to 24,783, while those for the S&P 500 index ESH8, +0.27%  gained 7.5 points, or 0.3%, to 2,689.50. Source: marketwatch.com Share This:

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Crypto Futures News 

Bitcoin price, already on a tear, is now surging to $20,000

“Bitcoin is heading towards the $20,000 mark as bitcoin futures trading is set to begin on another exchange” writes Lynsey Barber for businessinsider.com. Meanwhile, online brokerage TD Ameritrade will add bitcoin futures trading to its platform from monday amid growing demand for the cryptocurrency. Investors were warned last week by the UK’s top financial regulator to be prepared to lose all of their money if they put cash into bitcoin. Source: businessinsider.com Share This:

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Crypto Futures News 

Bitcoin, already on a tear, is now surging to $20,000

“Bitcoin is heading towards the $20,000 mark as bitcoin futures trading is set to begin on another exchange” writes Lynsey Barber for businessinsider.com. Meanwhile, online brokerage TD Ameritrade will add bitcoin futures trading to its platform from monday amid growing demand for the cryptocurrency. Investors were warned last week by the UK’s top financial regulator to be prepared to lose all of their money if they put cash into bitcoin. Source: businessinsider.com Share This:

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Brokers Crypto Futures News 

Bitcoin Heads to Bigger Wall Street Stage as CME Debuts Futures

“The CME and Cboe bitcoin futures have some distinct features” writes Rob Urban for bloomberg.com. Some brokerages didn’t immediately give customers access to bitcoin futures.Last week, Cboe’s product was priced as much as 13 percent higher than bitcoin, but that quickly narrowed toward 1 percent.Bitcoin futures start trading Sunday night at CME Group Inc.’s venue, a week after Chicago rival Cboe Global Markets Inc. introduced similar derivatives on the volatile cryptocurrency.Each Cboe contract represents a single bitcoin, whereas CME’s are linked to five. Source: bloomberg.com Share This:

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Crypto Futures Markets News 

TD Ameritrade to open trading on bitcoin futures

“TD Ameritrade is planning to offer clients access to Cboe’s bitcoin futures contract on Monday” writes David Paul Morris for cnbc.com. Interactive Brokers said it handled just over half of the Cboe bitcoin futures trading volume on the first trading day, which saw the highest daily volume so far at 4,127 contracts across all three bitcoin futures contracts.TD Ameritrade will not initially support CME’s bitcoin futures, which are set to launch this coming Sunday.In order to be eligible to trade the futures, clients must have a minimum balance of $25,000,…

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