E-Trade Financial Corporation, the online stock brokerage firm, announced it has opened up trading of bitcoin futures from CME Group for customers as of Tuesday evening. The intraday initial margin requirement for the CME bitcoin futures ("BTC") has been set at 80%, that same as is required for CBOE futures ("XBT").
The company also allowed customers to trade bitcoin futures from CBOE Global Markets on December 20.
The U.S. Commodity Futures Trading Commission (CFTC) approved both CBOE and CME to list bitcoin futures on December 1. The regulator said at the time that the companies will pursue a self-certified initial listing, after working with the agency to set a standard for the offerings.
TD Ameritrade Holding Corp. and Ally Financial Inc.'s Ally Invest have also launched CBOE bitcoin futures trading to investors. Interactive Brokers Group also opened trading in products from both exchanges in December.