• Cboe's bitcoin futures market goes live Sunday - but some of Wall Street's biggest banks are sitting it out

    5 days ago - By Business Insider

    Bitcoin blew past $16,000 a coin Thursday, but Wall Street banks don't appear too eager to get in on the crypto-mania.
    The Wall Street Journal found Bank of America Merrill Lynch and Citigroup won't provide their clients access to Cboe's bitcoin futures market.
    Cboe, the options and derivatives exchange based in Chicago, is launching its market for bitcoin futures market Sunday.
    Cboe Global Markets' bitcoin futures market will go live Sunday, but some Wall Street banks don't plan to get involved, according to a report by The Wall Street Journal .
    The futures market, which Cboe has been...
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  • Goldman Sachs will reportedly clear bitcoin futures for some of its clients

    Goldman Sachs will reportedly clear bitcoin futures for some of its clients

    5 days ago - By Business Insider

    Goldman Sachs will clear bitcoin trading for some clients on a case-by-case basis, Bloomberg and The Wall Street Journal reported Thursday.
    The derivatives contracts are set to go live on the Cboe Futures Exchange on Sunday.
    Goldman CEO Lloyd Blankfein said last week that bitcoin "doesn't feel like a store of value" or a currency .
    Bitcoin is up more than 1,500% this year.
    Goldman Sachs will clear bitcoin futures trading for some of its clients, Bloomberg and The Wall Street Journal reported on Thursday.
    The derivatives, which allow traders to bet on the cryptocurrency's price without...
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