Russian brokerage company «Finam», in cooperation with American stock exchange CBOE has offered its customers the opportunity to trade futures on bitcoin. This became known from the message edition of the independent Rusbase, who took an interview with a representative of the «Finam».
To trading will be made solely by those customers who have the status of a qualified investor. The volume of a standard contract – 1 bitcoin futures valid for one month. Broker Commission when committed transactions will reach $1.5 the Commission American stock exchange – $20-30.
A day investor is allowed to make no more than 50 transactions including futures, said the representative of «Finam», and said that the futures, non-deliverable, the customer will receive only value without the bitcoin. Contract ID – XBTC.
In the company «Finam» believe that their Playground has become the first in Russia that launched a similar service, and believe that this service will reduce the risks associated with cryptocurrency investment.
«Finam» does not make predictions about the collapse of the cryptocurrency market and talks about the prospects of cryptocurrency. In the near future plans to add a broker trading futures bitcoin to another American exchange CME.
In the US trade cryptocurrency futures trading is permitted from 1 December 2017. The first stock exchange that launched a similar service, became the Chicago CBOE week futures exchange launched CME. Specify that in all such cases we are talking about trade in index futures of bitcoin, derived from quotations of the stock exchanges, operating under the jurisdiction of the United States, particularly Gemini and Coinbase.