"We are pleased to bring bitcoin futures to market after working closely with the CFTC and market participants to design a regulated offering that will provide investors with transparency, price discovery, and risk transfer capabilities."
CME said on Friday it would list its bitcoin futures contract, which like CBOE's will be priced against and settled in the cash bitcoin market, on December 18.
Bitcoin, which had been trading at around $10,150 U.S. on the Luxembourg-based Bitstamp exchange before the news, jumped following the news, leaving it up more than six per cent on the day. After a record high on Wednesday for bitcoin price of $11,377, there was a 20 percent drop from profit takers down to $9,021; it has since fluctuated several times and is now selling at around $10,500. It was last up 6.6 percent at $10,600. While CFTC approval isn't required, the regulatory body could have halted the CME's plans if it wasn't satisfied with the self-certification. On account of the unique challenges bitcoin creates, he added that the exchanges "have agreed to significant enhancements to protect customers and maintain orderly markets".
CFTC Chairman Christopher Giancarlo warned investors, however, that the nascent underlying bitcoin cash markets remained largely unregulated and mostly beyond the commission's purview. Instead, they only have to file a written self-certification with the regulator.
After the new contracts launch, the CFTC will undertake "a variety of risk-monitoring activities", like "monitoring and analyzing the size and development of the market, positions and changes in positions over time, open interest, initial margin requirements, and variation margin payments, as well as stress testing positions".
Nasdaq Inc also plans to list a futures contract based on bitcoin in 2018, Reuters reported earlier this week.
John Bellini, a geophysicist USGS's natural disaster information centre in Colorado, said any damage would be limited. Carberry, who is from the West Coast, said she told co-workers, "I'm pretty sure this is an natural disaster ".
The US President took to twitter to say that the magazine had told him the would "probably" be selected as Person of the Year. Trump said in a tweet . "But I'm sure you still have that fake TIME cover somewhere in storage".
Kadian Noble , 31, said Weinstein groomed her in London by promising a role in a film before attacking her in the French city. The suit argues that based on the aforementioned events, that Harvey Weinstein was in violation of sex trafficking laws.
After her photo was posted online on Facebook , it rapidly spread, shared over 19,000 times in 36 hours, with over 59,000 "likes". The ambulance crew was transporting the terminally ill woman to the palliative care unit at a Caloocan hospital.
The full OTA (over-the-air) update for the Android 8.0 OS will start rolling out in early 2018 for OnePlus 5 smartphones. You can also buy it on company's official website OnePlusStore.in, from 12pm to 1pm IST, open to all customers.
Russian Foreign Minister Sergei Lavrov has said U.S. comments about North Korea amounted to a "really bloodthirsty tirade ". Trump has praised China - a close ally of Pyongyang - for its efforts to put pressure on North Korea.
Metro Captian John Pelletier said that they are "comfortable and confident" that they have enough to apprehend the man. Las Vegas police are investigating a robbery that occurred at the Bellagio hotel-casino around 3:37 p.m.
Kenneth Faried will likely step in as the starting power forward if Millsap does indeed miss an extended amount of time . Millsap suffered the injury over the weekend during the Nuggets' 127-109 loss to the Lakers.
In electric-only mode, the top speed is 120km/h, while the driving range is now up to 53km in the soft-top, and 55km in the coupe. Other changes include new front seats, revised interior trim options, and "Coupe" or "Roadster" badging around the C-pillar.
Manchester United are just within a point of securing qualification to the next round of the UEFA Champions League . If the team isn't winning, his presence will be important.
Applebee's Is Serving $1 Long Island Iced Teas All December
Yes, it's insanely boozy, and will contain 1.5 ounces of hard alcohol in each drink, though the brands of each alcohol will vary. The sweet concoction of vodka, tequila, gin, white rum, soda and lemon juice is reportedly a big favorite at the restaurant.
San Francisco 49ers name Jimmy Garoppolo starting QB
Beathard threw three touchdown passes compared to five interceptions in his five starts, during which the Niners went 1-4. The one-win San Francisco 49ers will be changing things up to try and get another "W" against the Chicago Bears .
Julio Jones has big game as Falcons beat Bucs
You can point the finger at rookie safety Justin Evans for losing track of the ball on that deep touchdown pass to Julio Jones . The Bucs got the ball first and made quick work of getting the game's first score on a Patrick Murray 36-yard field goal.
India outraged at release of Hafiz Saeed
The US treasury department had designated Saeed as a specially-designated global terrorist under executive order 13224 in 2008. In an interview with the BBC , Saeed said the court's decision was proof of his innocence with regard to the Mumbai attacks.