Trade Bitcoin Futures

Trade Bitcoin Futures at Halifax America

 

bitcoin-2007769_1920-300x210 Trade Bitcoin Futures

 

Bitcoin—the first cryptocurrency—has become one of the most prominent, most dynamic, and most volatile financial instruments of 2017. It is also the first cryptocurrency to be traded as a futures contract.

 

Contact us now by email at team@halifaxamerica.com or by phone at 888.240.7099 to open an account and trade Bitcoin Futures as it launches next week.

 

CBOE Bitcoin Futures

 

  • Contract Value = $15,606.00
  • Price Fluctuation = $1.00 per Bitcoin
  • Initial Margin = $6,866.64

 

As this is a new contract, with a highly volatile underlying contract, Halifax America will initially be setting the following Margin  Requirements:

Day Trade Margins 7:00am CT – 4:00pm CT – 100% of Exchange Initial Margin  

Overnight Margins 5:00pm CT – 7:00am CT – 125% of Exchange Initial Margin

  • An account must have 125% of margin to carry the trade overnight, or the account may be liquidated.
  • Max Position limit per account – 5 contracts

 


 

CME Bitcoin Futures

  • Contract Value = $56,461.95
  • Price Fluctuation = $5.00 per Bitcoin
  • Initial Margin = $19,761.68

As this is a new contract, with a highly volatile underlying contract, Halifax America will initially be setting the below Margin Requirements:

Day Trade Margins 7:00am CT – 4:00pm CT – 100% of Exchange Initial Margin.

Overnight Margins 5:00pm CT – 7:00am CT – 150% of Exchange Initial Margin.


 

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