Crypto Futures News 

CBOE Will Not List Bitcoin Futures in March, Cites Need to Assess Crypto Derivatives

“In the case of the CBOE Bitcoin futures market, the difference is then settled in U.S. dollars” writes Aaron Wood for cointelegraph.com. In December 2017, CBOE launched Bitcoin futures trading, followed closely by its competitor, the Chicago Mercantile Exchange (CME).CBOE said: “CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for trading in March 2019.Futures contracts give investors exposure to an underlying asset — in this case Bitcoin — without the need to actually own any.Earlier this week, a report from Bloomberg stated that the Bitcoin price could…

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Brokers News 

New Product: As all-new MT-compatible multi asset solution goes live, diversification is now paramount for FX brokers

“Multi-asset trading environments, offering connectivity to massive asset bases is a pre-requisite in order to engage British investors, who are usually well-read, strategic and pragmatic” reports financefeeds.com. Thus, there is now a fully accessible multi-asset solution for retail brokers which allow the trading of spot OTC derivatives on the same platform as multi-asset exchange listed futures and equities.It’s the quiet ones that are often the dark horses, especially among firms that cater toward the financially conservative British retail electronic trading sector.Mr O’Reilly is a veteran FX industry senior figure with…

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Markets News 

IHS Markit Launches OTC Derivatives Valuation Data for FX

“IHS Markit announced this Monday that its over-the-counter (OTC) derivatives valuation data is now available to financial institutions for best execution compliance” writes Celeste Skinner for financemagnates.com. According to the statement, this valuation data will be available for a range of markets – interest rate, equity, forex, credit, commodity and structured product OTC derivatives.The time-stamped data will assist firms in monitoring intraday and historic transaction costs across foreign exchange (forex) and other OTC derivatives.As global regulations clamp down on transparency regarding financial market transactions, the London-based firm has launched this…

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News 

JPX Contines Lacklustre Results in February, Derivatives Volumes Fall

“Specifically, the number of derivatives contracts traded during the month of February was 25,593,715 contracts” writes Celeste Skinner for financemagnates.com. During the month, trading volume came in at 769,249 contracts, which is an average daily volume of 40,487.In terms of trading value, the results don’t look much better.In February, the trading value for derivatives was ¥189.2 trillion (around $1.7 billion).During February, trading value for the segment was ¥3.3 trillion. Source: financemagnates.com

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News 

Cantor Fitzgerald Expands Weather Derivatives on Tradewx

“Catering to traders, speculators, hedgers and those looking for climate protection, exchange traded weather derivatives are still struggling to make headway across retail markets” writes Aziz Abdel-qader for financemagnates.com. Cantor Fitzgerald & Co., a global financial services group, has expanded products available on its regulated marketplace for weather derivatives, dubbed ‘Tradewx,’ which allows a wide spectrum of users to speculate or hedge weather risks around different climate changes.The contracts traded are exchange traded swaps and any US individual or legal entity can engage without the need of a broker or…

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Crypto News 

Derivatives Giant Fidelity Investments Receives and Passes on the Lightning Torch

“Financial derivatives giant Fidelity Investments received and passed on the Lightning Torch, as revealed by tweet by the company sent on Feb. 22” writes Adrian Zmudzinski for cointelegraph.com. A large number of those in the cryptocurrency community have suggested the Lightning Network as a fix to Bitcoin’s scaling problem. Source: cointelegraph.com

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News 

$5 billion hedge fund LMR Partners poached Bank of America Merrill Lynch’s top equity derivatives boss in the US

“Bank of America Merrill Lynch’s top equity derivatives boss in the Americas is leaving after less than two years, and he’s headed for the hedge fund LMR Partners” writes Alex Morrell for businessinsider.com. A private-equity fund run by Goldman Sachs Asset Management bought a minority stake in the hedge fund last year, according to Reuters.After an eight-year run with Barclays, William “Bill” Hillegass joined BAML in 2017, heading up equity client solutions and running equity derivatives out of New York. Source: businessinsider.com

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Crypto Futures News 

Report: Major European Derivatives Exchange to Launch Cryptocurrency Futures

“Eurex, a Germany-based derivatives exchange operated by Deutsche Boerse, is reportedly planning to launch futures contracts tied to digital assets, financial technologies-focused news outlet The Block reported on Feb. 21” writes Ana Alexandre for cointelegraph.com. Founded in 1998, Eurex is an international derivatives exchange operated by one of the world’s leading stock exchanges, Deutsche Boerse.Deutsche Boerse has reportedly been considering the introduction of digital currency futures since December, 2017. Per the press release from Deutsche Boerse, six banks to date had confirmed their plans to join the ​​securities lending platform,…

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Crypto Markets News 

Investors are Moving Toward Derivatives to Survive ‘Crypto Winter’

“However, according to Cedric Jeanson, CEO of blockchain asset management and advisory firm BitSpread, cryptocurrency options contracts are declining rapidly in recent months” writes Arnab Shome for financemagnates.com. The dominating bear in the cryptocurrency market has forced investors to turn to derivatives, like options, to survive the financial bloodbath, according to a Bloomberg report.The official statistics of these contracts are hard to gather as unlike listed derivatives, these are mostly bilateral contracts between two parties.According to the publication, crypto investors dominated by software developers and tech experts are even negotiating…

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