CFTC issues speculative position limit rule; Global stock index futures drop; Euronext develops wheat derivatives for Ukraine; ACDX launches Bull Bear Strike tokens;
Month: January 2021
Markets wrap:23-01-21
Brazil’s B3 overtakes CME as the largest derivatives exchange; Citi group launches a futures trading algorithm; Bitcoin prices slump on false news; LME closes the trading ring.
ECB’s Christine Lagarde warns against bitcoin, price surges over 40000 USD.
ECB’s president, Christine Lagarde raised concerns about bitcoin stating that bitcoin is “highly speculative asset which has conducted some funny business”. Earlier this year, the
What are commodity futures?
In the previous article on the History of Futures, we saw that in Japan, trading of commodity futures go back to the 16th century. If
Bitcoin falls near 30% and recovers half-way
Going on to the 2nd Monday of the year, bitcoin prices fell from a record high of 41000 USD to near 30000 USD in a
Bitcoin goes above 41000 USD
Bitcoin price surged to over 41,000 USD on 8th January, 2021. This is an all time high for bitcoin and a 30% rise from the
Goldman Sachs and IBM plans quantum computing for derivatives pricing
Quantum computing is mostly spoken about in fields like computer security, biological modelling, weather modelling etc. These kind of systems have large amounts of variables
FCA gives special permission to avoid Brexit disruptions
Financial Conduct Authority (FCA), provided special permissions and amended some of its rules to prevent major disruptions arising from Brexit. Prior to this, ESMA, the
Bitcoin falls 20% then picks back up
Bitcoin prices fell 20% on Monday 4th January, the first trading day for the year 2021. Bitcoin was trading at over 34000 USD/BTC on Sunday,
History of futures contracts
It is important to look at the history of futures and options when trying to understand why people trade them. A future contract makes sense