Published on November 17th, 2017 | by bitcoin0
Vontobel & Leonteq Securities Launch Cryptocurrency Futures
Switzerland-based companies Vontobel and Leonteq Securities AG are launching separate futures products that will allow customers to bet against the price of the leading cryptocurrency Bitcoin.
Vontobel’s products Based on a report by Reuters, asset management company Vontobel will introduce two mini futures products, which are a type of derivative instrument that represents a fraction of the value of standard futures.
Leonteq Securities’ offeringInvestment solutions provider Leonteq Securities AG, meanwhile, has announced the scheduled launching of its Bitcoin futures product, which has a two-month maturity.
Just recently, US derivatives marketplace operator CME Group announced that it will introduce a Bitcoin futures product in the near future.
Startup Ledger X of New York, meanwhile, is already offering live cryptocurrency futures trading at its platform.