Trade Station gives access to Cboe’s Bitcoin Futures

Trade Station gives access explained by professional Forex trading experts the “Trade Station gives access” FX trading team.

Trade Station gives access

Online broker-dealer and futures commission merchant TradeStation Group, Inc., a fully owned subsidiary of Monex Group, Inc. (TYO:8698), just announced that eligible futures clients can now trade the new Bitcoin futures contract being offered by Cboe Global Markets, Inc. (Nasdaq: CBOE).

Chicago-based Cboe commenced trading in the contract (ticker symbol XBT) on its Cboe Futures Exchange (CFE) at 5:00 p.m. CT on Sunday, December 10, at the start of Cboe’s Global Trading Hours. Today is the first full day of trading, and CFE will waive exchange execution fees through the end of December.

As a CFE-listed product, Bitcoin futures provide a risk management tool for market participants seeking to hedge their underlying Bitcoin holdings with contracts that settle directly to underlying daily closing Bitcoin auction prices of the Gemini digital asset exchange. With trading properties similar to index futures contracts, Bitcoin futures also offer traders a speculative instrument based on Bitcoin prices.

Trade Station gives access Conclusion

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