Tag: CME

Why does bitcoin cost more in the future?

Last year commodity giant Glencore pocketed $1.3bn through a clever trade it made when oil prices briefly went negative. Amidst the coronavirus shock to global trade flows, tankers idled, crude […]

Echoes of Libor in Coinbase’s bitcoin price-rigging

In an echo of the 2011 Libor scandal, Coinbase’s past manipulation of the bitcoin price impacted a key market benchmark. On Friday the Commodity Futures Trading Commission (CFTC), which regulates […]

Weighing a new risk tool for bitcoin

Long-awaited and oft-delayed, Bakkt’s physically settled bitcoin futures are finally on the way. How big an impact will they have? A year after the launch plans were first announced, on […]

The wild world of crypto derivatives

Soaring volumes, billion-dollar fortunes, insane leverage and radical new risk models: welcome to the wild world of unregulated cryptocurrency derivatives. The real action in crypto derivatives The Chicago Mercantile Exchange […]

In search of bitcoin’s future value

Bitcoin futures prices appear to be settling down to a small premium above the cryptocurrency’s spot price. But by how much should futures prices differ from spot? According to financial […]

Bitcoin market seeks best hedging tool

For any investor exposed to bitcoin’s wild price movements during the closing months of 2017, a reliable and liquid hedging tool must have been top of a Christmas wish list. […]