NYSE Mother’s company announced the launch date of Bitcoin futures on the Bakkt platform

The world’s largest operator Intercontinental Exchange (ICE), which owns the New York Stock Exchange, announced that on December 12, 2018 plans to launch futures for Bitcoin on its Bakkt trading platform.

About intent to provide traders tools associated with cryptocurrent, company

Earlier, ICE representatives were told that the possibility of margin trading will not be provided on the platform. According to them, the rejection of the levers should help make the market more honest, and the pricing is confidential, which will improve the long-term prospects for promoting virtual currency.

In December 2017, CME and CBOE exchanges launched their own futures contracts for Bitcoin, which led to a rapid growth of virtual currencies, followed by a protracted decline. Experts say that such a model of market behavior is not accidental. It is characteristic of all basic assets during periods of launching new futures. In fact, this means that in December you can expect a certain repetition of last year’s dynamics.

Another global giant, VISA, also introduces blockchalter technology into its services. In the first quarter of 2019, the company integrates open Hyperledger Fabric code in its