Executives of Deutsche Boerse, a marketplace organizer for the trading of shares and other securities, are discussing the possibility of launching Bitcoin futures on Eurex, the international exchange and the largest European futures and options market. This was reported by Wirtschaftswoche, a German weekly business news magazine.
We are thinking about futures, with which private investors and institutional investors can protect existing investments in Bitcoin or set for falling prices of the cyber currency.
Spokeswoman of Deutsche Boerse
It was stated that the company is considering launching Bitcoin futures trading, but did not yet make a clear decision on that. Primarely Deutsche Boerse aspires to clarify how to deal with the volatility of cryptocurrency in order to avoid price manipulation.
Previously, we have reported that CME Group, Cboe exchange holding company, Nasdaq Inc and J.P. Morgan banking service unveiled their plans to launch Bitcoin futures, and Cboe exchange has already done that. However, South Korea banned securities firms to introduce Bitcoin futures trading.