You are here: Home » Markets » News
Business Standard

As bitcoin hits record $15,000, fears of crash may mar its futures debut

Fears of market manipulation, inaccurate pricing, and systemic risk to clearing houses are abound

Reuters  |  New York 

Bitcoin fans are salivating over the potential of long-awaited legitimacy for the cyptocurrency when futures trading launches this weekend, but experts worry the risks associated with bitcoin's Wild West-like nature could overshadow the debut. The first bitcoin future trades kick off Sunday at 6 pm EST (2300 GMT) on Cboe Global Markets Inc's Cboe Futures Exchange, followed a week later by CME Group Inc's CME. Nasdaq Inc plans to get into the mix next year, Reuters reported. While Cboe, CME and Nasdaq offer strictly policed trading environments, the underlying ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, December 07 2017. 12:24 IST