"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.
Watford made it a nervy finish for the Red Devils at the death after second-half goals from Troy Deeney and Abdoulaye Doucoure. Doucoure was booked for fouling Paul Pogba and Young clinically dispatched a 25-yard free-kick with unerring accuracy.
The pair dated for almost a year and their wedding will occur sometime in the spring of 2018, royal officials announced . The Church of England agreed in 2002 that divorced people could remarry in church at the discretion of the priest.
None of the investors lost any money and Martin did not personally benefit from any of the counts of conviction. Martin Shkreli , CEO of Turing Pharmaceutical, being arrested on securities fraud allegations.
The incident on November 2 caused some to worry about how much power and influence employees at social media companies possess. He said that the clause about newsworthiness, which was not publicly known until Twitter made it so, was one of those gaps.
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.
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 ".
While O'Keefe refused to comment to Washington Post reporters at the time, he later came outside to speak with journalist Aaron C. Of the two donations listed on the page, the Post says one was made by someone with the same name as Phillips' daughter.
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.
This year's global theme for the campaign is " Leave No One Behind , End Violence Against Women and Girls". The men say the woman consented to the sexual encounter but have admitted to stealing her mobile phone.
He also said in his resignation televised speech from Riyadh that he learned of an assassination plot against him in Lebanon. Egypt's presidency said Aoun, a Hezbollah ally, also spoke with Sisi to discuss developments.
Actor James Woods witnessed poker cage robbery in Vegas
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.
Roadster Arrives With Refreshed BMW i8 Coupe
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.
Microsoft plans upgrade for Redmond headquarters
The campus remodel will be built for pedestrians and bikes with all cars in an underground parking facility. As a Zero Waste Certified campus we will continue to focus further on waste-reduction initiatives.
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.
Partridge Family Star David Cassidy Dies at 67
Between 2010 and 2014, he was arrested several times on charges related to drunk driving, and entered rehab multiple times. Cassidy rose to prominence playing wholesome Keith Partridge on the ABC television series " The Partridge Family ".
The iPhone SE sequel tipped to launch in Q1 next year
The fact that the original iPhone SE found many takers is prove enough that people still like small screen smartphones. As this design involves all-metal unibody design, the phone is not expected to feature wireless charging capability.