CBOE to begin Bitcoin futures trading on Dec 10

posted 6 days ago
Cboe Global Markets, Inc., one of the world's largest exchange holding companies, today announced that Cboe Futures Exchange (CFE), plans to offer trading in bitcoin futures beginning at 5:00 p.m. CT on Sunday, December 10, 2017, at the start of Global Trading Hours.

Monday, December 11, will be the first full day of trading, and trading will be free through December.

Cboe's bitcoin futures will trade on CFE under the ticker symbol 'XBT'. XBT futures are cash-settled contracts based on Gemini's auction price for bitcoin, denominated in U.S. dollars.

Gemini Trust Company, LLC (Gemini) is a digital asset exchange and custodian that allows customers to buy, sell, and store digital assets such as bitcoin. XBT futures are specifically designed to allow participants to implement straightforward trading strategies, through settlement to a single, tradeable auction price.
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