Everybody staring at their screens waiting for BTC futures to start trading in abt 80 minutes
Here is one broker indication about the margin requirements. Apparently shorting is considered a risky proposition
Got this notification from Exante:
"EXANTE
Dear ....,
Today at 5 pm Central Time, CBOE Futures Exchange will launch trading bitcoin futures. CBOE will become the first global stock exchange to provide trading cryptocurrency derivatives without any restrictions.
All EXANTE clients will be able to trade contracts right after the launch on the exchange. You will find the new instruments (ticker symbol "XBT") in the «Futures» section.
For short trades, we will require a margin of 200% BTC price, for long positions — 50%. Our commission is 9 dollars per trade all extra.
Also, we temporarily increase the margin for trading the BTC.EXANTE shares: 200% for short selling and 50% for long positions.
If you have any questions, please contact our support line, +356 20150000, or at
support@exante.eu."
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