Chicago exchanges embrace crypto-currency
Digital commodities such as bitcoin have captured the imagination of exchange operators but regulators – and even some market participants – are hesitant
Chicago seems to have caught crypto fever. Both major exchange groups have announced plans to develop products based on bitcoin, even as digital currency exchanges and others seek to improve their operations.
CBOE president and chief operating officer Chris Concannon announced on November 7 that the Chicago Mercantile Exchange’s October 31 decision to launch futures based on bitcoin validated CBOE’s position on the digital commodity. CBOE announced on August 2 it will launch its own futures
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