Options Exchange CBOE to Launch Cryptocurrency Derivatives in 2017

As part of an investment for the Chicago Board Options Exchange (CBOE) cryptocurrency derivatives trading, investor Cameron and Tyler Winklevos participated with Gemini in exchange for Bitcoin.

According to the Wall Street Journal, Gemini's information is available by getting CBOE to launch a dedicated product list in 2017. In 2015, traders are open, Gemini a New York based exchange, Bitcoin and Ether Bazaar, as well as Daily cryptocurrency auction

CBOE is still waiting for regulatory approvals in this move, which the report said, which will provide an opportunity for institutional investors to hedge against instability in the rapidly-growing cryptocirans market. Meanwhile, starting at the beginning of the year, the total value of more than $ 10 billion cryptocurrency, more than $ 115 billion in June

Moreover, this announcement comes at a time when institutional investors are increasingly evaluating this price appreciation and trying to determine the technology opportunities within their existing business models.

Most notably, it follows a decision of the Commodity Futures Trading Commission to issue a license by the Commodity Futures Trading Commission last week, which allows clearing and stopping cryptocurrency derivatives for Bitcoin and its like assets.