THELOGICALINDIAN - Chicago Mercantile Exchange CME has launched a bazaar simulation apparatus that allows newcomers to convenance trading bitcoin futures after risking any basic The chargeless apparatus has been added to the companys CME Institute Suite
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CME Tweeted About the New Simulator on December 27th – Less Than Two Weeks After Launching Its Bitcoin Futures Markets
Earlier this week, CME acquaint on Twitter alerting followers that the aggregation had launched its new bitcoin futures simulator. The simulator will action new investors the befalling to convenance trading the bitcoin futures markets after risking any basic losses, and will additionally acquiesce added accomplished traders to try out the company’s belvedere and agreement with new trading strategies in a certain environment.
The barrage of the bazaar simulation apparatus is acceptable advised to allure new participants in the bitcoin markets to CME in a bid to attain ascendancy in the bitcoin futures contracts-for-difference (CFD) markets.
On December 18th, CME Became the Second United States-Based Financial Market Company to Launch Bitcoin Futures
CME’s bitcoin futures barrage followed that of CBOE – who launched their bitcoin futures affairs on December 10th. The new markets accept additionally been apparent to traders application above retail brokerages – with TD Ameritrade acceptance audience to barter CBOE’s futures contracts, and Interactive Brokers afresh announcement its ambition to anon acquiesce barter to barter CME’s futures affairs in accession to CBOE’s bitcoin CFDs. Interactive Brokers claimed that it handled over bisected of the trading aggregate apparent on CBOE’s barrage day, admitting the belvedere advancement a margin requirement 150% beyond than CBOE.
Major market-making firms DRW, DV Trading, and Akuna Capital accept additionally adumbrated that they will accommodate clamminess to the bitcoin futures markets.
Despite the advertising arch up to the barrage of the bitcoin futures market, volume has appropriately far been askew by the calibration of barter actuality conducted on arch cryptocurrency exchanges. As of this writing, 1,078 affairs accept been traded on CME, and 4,790 on CBOE.
Have you traded CME or CBOE’s futures markets? Share your acquaintance in the comments area below!
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