For Sophisticated Investors and Tactical Traders
Contract Specifications and Fact Sheet
Chicago Board Options Exchange - CBOE
Symbol: XBT
Futures Contract Months
USD Margin Requirements Equivalent to
USD Margin Requirements Equivalent to
44% of Bitcoin VALUE - current prices quoted in the exchange
Source: CBOE
Serious DUE DILIGENCE Required
#trading #investing #strategies #risk #management
Source: CBOE
Serious DUE DILIGENCE Required
#trading #investing #strategies #risk #management
Knowing how to trade the futures contracts #BITCOIN as a commodity / cryptocurrency; in relation to the classic spot market, then there is indeed $money to be made or loss on both sides of the coin!
ReplyDeleteSince there are only less than 10 years of price data and the real price action came within the last couple of years, our forward testing approach to both markets would be quite interesting. That is, knowing how the best probable results would be when applying the methodology of 'CIPHER3' Price Action Analysis.
We do know its EFFECTIVENESS both in commodity and currency trading, now it time to see how well or not would our trading system fair with Classic Spot vs. Futures BITCOIN.
#BTCUSD at 14199 high! Really maximizing its market price potential in unchartered territory. There is no point in predicting a top as justification would not have a solid basis which can be applied for now thus; may only be speculative in nature.
ReplyDeleteWhile sophisticated investors & traders alike may probably use the Futures contracts to 'hedge' against any adverse price decline that may likewise put some second thought selling pressure in the cash market. Will just have to monitor the Volumes and open interest by the week's end of trading after its opening debut.
While the rest of the crypto currency market awaits in limbo and watching #BITCOIN continue building into a near Euphoria state' to evenly maximize it price potential. A real challenge for the classic community of Bitcoin players would now prove their resilient point.
#BITCOIN has been pushing prices to their best possible levels above the 15k mark in less than a few hours of breaking 14k. Traders and investors alike could barely keep up with the rapid price action trading at 15460 to this writing.
ReplyDeleteExpect a much wider price swing and market volatility during the weekend as it anticipates the opening bell of the Futures market by Dec 10, 2017.
XBT futures is a cash-settled contract that settles to a single, tradeable auction price. In designing XBT futures, CBOE leveraged its significant product development expertise to design an instrument that allows participants to implement trading strategies in a manner to which they are accustomed.
ReplyDeleteThe single price settlement process gives participants the option of using XBT futures to hedge their exposure in underlying bitcoin or gain exposure to traded bitcoin prices without holding bitcoin.
SOURCE CBOE