How to track Cboe XBT Bitcoin Futures trading data?

Cboe Futures Exchange will launch trading in Bitcoin futures at 5:00 p.m. Central Time on December 10 under the ticker symbol XBT
10 December 2017   3526

The countdown until the launch of Bitcoin Futures on Cboe Exchange has started. The futures will be launched on the exhange at 5:00 p.m. Central Time on December 10.

XBT bitcoin futures on cboeCBOE to launch Bitcoin Futures on December 10

CBOE Bitcoin Futures main features

  • Ticker symbol: XBT
  • XBT futures are based on the Gemini's auction price for Bitcoin, denominated in U.S. dollars
  • The contract multiplier for the XBT futures contract is 1 Bitcoin
  • Minimum price intervals: 10.00 points USD/XBT (equal to $10.00 per contract). The individual legs and net prices of spreads in XBT futures may be in increments of 0.01 points USD/XBT (equal to $0.01 per contract)
  • Trading in XBT futures will be halted for 2 minutes if during trading hours the best bid in the XBT futures contract closest to expiration is 10% or more above the daily settlement price of that contract on the prior day
  • After trading commences following such a halt, trading in XBT futures will be halted for 5 minutes if during trading hours the best bid in the XBT futures contract closest to expiration is 20% or more above the daily settlement price of that contract on the prior day
  • CFE will be waiving all of its transaction fees for XBT futures in December 2017
Type of Trading Hours Monday Tuesday - Friday
Extended 5:00 p.m. (Sunday) to 8:30 a.m. 3:30 p.m. (previous day) to 8:30 a.m.
Regular 8:30 a.m. to 3:15 p.m. 8:30 a.m. to 3:15 p.m.

The XBT Bitcoin Futures trading data can be tracked on the official website of Cboe Futures Exchange, but the information will appear with a 10 minutes delay.

What is more, the end of the year is marked by the arrival of Bitcoin futures contracts, and the information about other exchanges launching Bitcoin futures you can find here.

Bank of America: Cryptocurrencies Are a Threat

Bank of America (BoA) has admitted to US regulators it can not pretend any longer that cryptocurrencies are not a threat
23 February 2018   75

On February 22, the report was filed with the US Securities and Exchange Commission (SEC). It listed a range of economic, geopolitical, and operational risks that the Charlotte, NC-based bank faces as it heads into the new fiscal year. Crypto adoption was on the list for the first time.

Bank of America (BoA), which recently banned purchasing of crypto with credit cards, stated that this and other similar policies could cost the bank clients.

Clients may choose to conduct business with other market participants who engage in business or offer products in areas we deem speculative or risky, such as cryptocurrencies.

The second largest bank in the U.S. said that adoption of cryptocurrencies could require the bank to make “substantial expenditures” to update its existing services and remain competitive with upstart firms.

The widespread adoption of new technologies, including internet services, cryptocurrencies, and payment systems, could require substantial expenditures to modify or adapt our existing products and services.

According to the Bank of America, cryptocurrencies could limit the institution’s ability to comply with anti-money laundering regulations.

Eventually, this is one of the first public admissions that financial institutions are beginning to worry that mass cryptocurrency adoption could one day become a reality.