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.
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Recent articles from this author
- Bitcoin futures: The Volume dropped drastically – Wednesday, December 13, 2017
- Update on Bitcoin Futures after a full trading day on the CBOE. – Tuesday, December 12, 2017
- Bitcoin Futures: Everybody in the Game – Monday, December 11, 2017
- Spread Trading: Soybean oil – Wednesday, December 06, 2017
- Tether Hacked: How to protect your digital asset – Wednesday, November 22, 2017
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.