Authored by Vittoria Onufrio

Yesterday, December 12th, 2017, the January contract of Bitcoin futures retreated by closing at 18020 which is slightly below the settlement price of the previous day. What was disappointing was the volume that dropped drastically if compared to its debut on the futures market last Sunday as well as its first full day of trading last Monday.

The CEO and Chairman of CBOE, Ed Tilly, expect a slow increase in volume over time. I believe that the introduction of Bitcoin Futures by the larger CME should be able to help in building up that expected volume. We are just waiting to see what happens next.


 

If you want to know more about bitcoin futures please contact me at 818-452-4128 or via email at vonufrio@halifaxamerica.com

If you want to move forward and open an account please go to the following link https://ibportal.gainfutures.com/ApplyOnline?WLID=189&SCodeID=2020&BrokerId=1564

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About the author

Vittoria Onufrio is a senior broker at Halifax America and has been working in the Industry since 2010. Before that, she worked as an attorney for 3 years in Palermo. 

She received her JD and Ph.D. in Comparative law from the University of Palermo and two master’s degrees. One in European law from University of Trento and the second master’s degree in Intellectual Property law from Suffolk University. In 2014 she concluded her post-doctoral studies at UCLA – Center for the Study of Women.