E-Trade Financial Launches CME Bitcoin Futures Trading

The company also allowed customers to trade bitcoin futures from CBOE Global Markets on December 20
03 January 2018   1236

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.

tZERO to Launch Bitcoin Trading App

Application itself is being developed by Bitsy; it may also begin to support Ethereum in the future
22 March 2019   142

The security tokens platform tZERO announced plans to launch a mobile application for buying and selling bitcoin. In the future, the application may also begin to support Ethereum,  CoinDesk reports.

According to Saum Noursalehi, CEO of tZERO, applications for iOS and Android devices should be launched in June. Bitsy is developing it, a cryptocurrency start-up that is part of the portfolio of the Overstock venture division of Medici Ventures.

That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app. They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be the foundation of the mobile app for tZERO. They are also working on some cool stuff like biometric login. 
 

Saum Noursalehi

CEO, tZero

According to him, the application will allow you to store cryptocurrency without the need to trust third parties and it will be connected to the network of exchanges through the API. The implementation of this plan will occur through partner tZERO, the institutional trading platform SFox.

In the future, the head of tZERO added, the platform also intends to create its own cryptocurrency vault to meet the demand from users.

The public beta testing of Bitsy wallet started in November 2018. With his help, the Overstock retailer plans to launch Bitcoin sales on its website.