Investorideas.com breaking Bitcoin, blockchain and crypto stock news

Wednesday, November 13, 2019

#CryptoCorner: CME Group (Nasdaq: $CME) Launching Options on BTC Contracts, HSBC (NYSE: $HSBC) Working with SGX and Temasek to Trial DLT in Asian Bond Markets


#CryptoCorner: CME Group (Nasdaq: $CME) Launching Options on BTC Contracts, HSBC (NYSE: $HSBC) Working with SGX and Temasek to Trial DLT in Asian Bond Markets




Point Roberts, WA, Delta BC November 13, 2019 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market.

Listen to today’s Crypto Corner Podcast:  



Stocks discussed: (NYSE:ICE) (NasdaqGS:CME) (NYSE:HXBC) (ASX:DCC)

Bakkt, the crypto-focussed subsidiary of Intercontinental Exchange (NYSE:ICE), aims to offer cash-settled Bitcoin (BTC) futures by the end of the year, according to a report from CoinDesk. The announcement was made by Bakkt COO Adam White at a CoinDesk event in New York City on Tuesday. The CoinDesk report indicates that:

According to sources familiar with the plan, the new cash-settled monthly futures are to be offered through ICE Clear Singapore, the company’s Singapore-based clearinghouse, and traded on ICE Futures Singapore.

Derivatives exchange CME Group, Inc. (NasdaqGS:CME) yesterday announced that it will be launching options on its Bitcoin futures contracts for trading starting Jan. 13, 2020, pending regulatory review. Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products, commented:

"Since the launch of our Bitcoin futures nearly two years ago, clients have expressed a growing interest in options as another way to hedge and trade in these markets. We have worked closely with clients and the industry to establish a robust and increasingly liquid underlying futures market here at CME Group, and we believe Bitcoin options will now offer our customers greater precision and flexibility to manage their risk."

The Business Times reports that multinational investment bank HSBC (NYSE:HSBC), along with the Singapore Exchange (SGX) and holding company Temasek, will hold a distributed ledger technology (DLT) trial focusing on Asia's bond markets. Leveraging tokenised securities and smart contracts, the DLT trial aims to bring efficiency to the bond issuance and servicing processes in the region. HSBC Singapore chief executive Tony Cripps, explained:

“The potential of DLT is an evolving story, and its role in overcoming inefficiencies in the fixed income market is yet to be seen. Only by collaborating with market participants will we fully understand its actual viability. By partnering with SGX and Temasek, we hope to explore whether digital assets could become a reality."

Australian blockchain firm DigitalX (ASX:DCC) is launching a Bitcoin Fund, according to an official news release today. The firm is seeding the fund “with 215 of its bitcoin”, with the aim of “qualifying investors to gain an exposure to bitcoin without the need for much of the administrative burden and risk associated with acquiring bitcoin”. The company’s executive director Leigh Travers explained:

“DigitalX has held its bitcoin position through the 2017 bull market and 2018 drawdown because of our fundamental long-term belief in the value of the asset. What has become more and more apparent to us as we speak to investors and market participants generally, is that there is a growing interest in accessing bitcoin from people who have traditionally not considered investment in digital assets.”

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .


The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800-665-0411



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 















No comments:

Post a Comment

#CryptoCorner #Podcast 888: #Stocks discussed: (TSX: $WNDR.TO) (OTC: $BLQC) (OTC: $SANP)

      #CryptoCorner #Podcast 888: #Stocks discussed: (TSX: $WNDR.TO) (OTC: $BLQC) (OTC: $SANP)   Bitbuy to Offer Stock Trading, Bl...