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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Crypto Futures Markets News 

Bitcoin hits new record high as warnings grow louder

“But outside of the crypto market, worries continue to grow about the amount of money piling into the space” reports foxbusiness.com. While bitcoin has added another fifth to its value since Monday, trading has been slightly calmer than the wild price swings the market has seen in recent weeks, with volatility lower since the launch of bitcoin futures from Cboe Global Markets on Sunday. Source: foxbusiness.com Share This:

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Crypto Futures News Oil Stocks 

US stocks move broadly higher in early trading; oil rising

“U.S. stocks moved broadly higher in early trading Friday, erasing modest losses from the day before” writes The Associated Press for seattletimes.com. THE BITCOIN TRADE: Bitcoin futures surged on their fifth day of trading, climbing $1,330, or 7.9 percent, to $18,130 on the Cboe Futures Exchange.The stock added $8.76 to $195.29.OFF THE RAILS: CSX slumped 7.6 percent after the railroad operator said CEO Hunter Harrison is on leave “due to unexpected complications from a recent illness.” The stock shed $4.35 to $52.96. Source: seattletimes.com Share This:

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Crypto Futures News 

Bitcoin notches fresh record as CME aims for its own futures contract

“Cboe CBOE, -0.17% kicked off futures trading of bitcoin, which has hit mainstream popularity, on Sunday 6 p.m” writes Mark Decambre for marketwatch.com. The spot price of a single bitcoin BTCUSD, +7.79% had traded at $17,872.56 earlier, a fresh record peak, according to Coindesk.com.The No. 1 cryptocurrency touched a fresh record on Friday after a mostly subdued week, with CME Group Inc. set to follow rival Cboe Global Markets Inc. with a bitccoin futures contract XBTF8, +9.94% on Sunday.Meanwhile, bitcoin futures for January trading on Cboe were at $18,600, shooting…

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Futures News Oil 

Oil prices up slightly on pipeline outage support

“Prices have been supported by an outage on the Forties crude pipeline that was expected to last several weeks” reports foxbusiness.com. NEW YORK (Reuters) – Oil prices were up slightly on Thursday as a pipeline outage in Britain continued to lift Brent crude prices.And it’s almost surprising it’s not generating more support.” A fall in U.S. crude inventories last week also lent some support.OPEC revised its estimate for U.S. oil output growth for 2018 to 1.05 million bpd, while the U.S. Energy Information Administration increased its growth forecast to 780,000…

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Futures News 

Dow shapes up to hit fresh record, with retail sales data in focus

“Those expectations are upbeat for the holiday season, after retail sales got off to a solid start on Black Friday weekend” writes Markets Reporter for marketwatch.com. Retail sales data could provide the next leg-up for equities, with investors watching to see whether the 2017 holiday shopping season got off to a solid start.The November retail sales data is expected at 8:30 a.m.The Dow Jones Industrial Average DJIA, +0.33% ended at a record for the fourth-straight session on Wednesday, closing up 0.3% at 24,585.43, after the Fed raised interest rates in…

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Futures News Reviews 

Futures Daily Review December 14, 2017

Futures Daily Review for December 14, 2017 Futures Point To Higher Opening For Wall Street All eyes and ears are on FOMC meeting announcements and the press conference to be held on Wednesday afternoon. Economists are looking for an increase in Federal rates by 25 basis points.   Bitcoin slumps below $16,000, futures trading halts temporarily Bitcoin briefly slumped below $16,000 on Wednesday. The dip triggered a temporary pause of futures trading. Just days after crossing the $17,000 mark, b…   Have a nice trading! Share This:

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Crypto Futures Markets News 

The first bitcoin futures depend on trading at the Winklevoss twins’ tiny exchange — and that could be a problem

“Ranked fourteenth globally by 24-hour trading volumes, the exchange sees only 1.4% of trading in the entire bitcoin market, according to data from CoinMarketCap” reports businessinsider.com. Nasdaq’s bitcoin futures contract will track 50 indexes, whereas CME Group, Cboe’s cross-town rival, is set to track four.Cboe’s futures will be based on the auction price of bitcoin on the Gemini exchange.All eyes will be on Cboe Global Markets on Sunday when it launches futures contracts for bitcoin.”The Gemini Exchange, while being a solid US-based exchange, makes up a very small percentage of…

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Crypto Futures News 

Bitcoin margins raised by CME in preparation for volatility

“The CBOE and CME availability of bitcoin futures was seen as a major step for the cryptocurrency, giving traders access to bitcoin through regulated exchanges, with the exchanges implementing their trading rules and regulations, such as margins and circuit breakers, on their bitcoin futures contracts” writes Leia Klingel for foxbusiness.com. The CBOE was the first U.S. exchange to offer bitcoin futures.The CME has increased its margin requirements for bitcoin futures to 43% ahead of the launch, up from 35%. “Margins for CME bitcoin futures are being increased to 43% for…

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Futures News Reviews 

Futures Daily Review December 13, 2017

Futures Daily Review for December 13, 2017 Webinar: Bitcoin Futures – A Game Changer for Cryptocurrencies: 12/12/17 DailyFX strategists Nick Cawley and Christopher Vecchio, CFA discuss how the introduction of futures trading will impact Bitcoin and the cryptocurrency marke…   Bitcoin bears are being unleashed onto the cryptocurrency’s futures market Interactive Brokers is planning to let its clients short bitcoin in Cboe Global Markets futures market for the cryptocurrency.   Have a nice trading! Share This:

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