NYSE Owner-Backed Bakkt Launches Futures Trading

Bakkt, the bitcoin futures platform backed by NYSE owner ICE, launched trading for its contracts yesterday evening. The first bitcoin contract was traded on the platform at 8:02 pm. During the first hour, three Bitcoin were traded on the exchange. As of this writing, 53 monthly contracts for bitcoin have exchanged hands, forecasting a price… Read More NYSE Owner-Backed Bakkt Launches Futures Trading

Bakkt Releases Margin Details For Futures Contracts

Bakkt, the futures platform backed by NYSE owner ICE, has released margin details for its daily and monthly contracts. The contracts begin trading on Sep. 23. Investors hedging its daily and monthly futures for hedging are required to put up a margin deposit of $3,900 while those using its futures products to speculate on the… Read More Bakkt Releases Margin Details For Futures Contracts

NYSE Owner Backed Bakkt Announces Sep 23 Launch

The long-awaited launch of Bakkt, a cryptocurrency futures platform backed by the owners of NYSE is finally happening on Sep 23. Bakkt offers the world’s first physically-settled futures contracts and was initially scheduled to launch during the last quarter of 2018. But a slew of problems with approvals for its services delayed the launch. The… Read More NYSE Owner Backed Bakkt Announces Sep 23 Launch

LedgerX Clarifies About False Bitcoin Futures Announcement

So why did LedgerX lie about offering Bitcoin futures to retail customers? Apparently, it was the result of misunderstanding and confusion. Juthica Chou, chief operating officer at the company, implied to online publication Coindesk (which first broke the story) that they thought they’d been cleared to proceed with offering futures because the CFTC had not… Read More LedgerX Clarifies About False Bitcoin Futures Announcement

Bakkt Begins Testing Futures Contracts Today

Bakkt, the ICE-backed bitcoin futures exchange, begins testing of its bitcoin futures contracts today. The exchange plans to offer a monthly and a daily contract to users. The futures contracts will be physically-settled on delivery. Up until now, most exchanges have offered cash-settled bitcoin futures contracts to allay investor fears about the cryptocurrency’s regulatory status… Read More Bakkt Begins Testing Futures Contracts Today

ICE-Backed Bakkt Will Begin Testing Bitcoin Futures On July 22nd.

Institutional cryptocurrency exchange Bakkt, which plans to introduce the first physically-delivered Bitcoin contract in futures markets, is planning to begin user-acceptance testing on its software on July 22nd. This means that users will have access to its software and can begin trading futures on that date. For all practical purposes, it can be likened to… Read More ICE-Backed Bakkt Will Begin Testing Bitcoin Futures On July 22nd.