Cboe Bitcoin Futures Open For Trading

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CHICAGO, Dec. 10, 2017 /PRNewswire/ -- Cboe Global Markets, Inc. (CBOECBOE, one of the world's largest exchange holding companies, today announced that Cboe bitcoin futures (XBT) began trading exactly as planned at 5:00 p.m. CT on Sunday, December 10, 2017, at the start of Global Trading Hours.

Cboe Global Markets, Inc. logo

The opening price for XBT was $15,000 and 890 contracts1 were traded by 7:15 p.m. CT.  Monday, December 11,  will be the first full day of trading.  Cboe previously announced that all transaction fees will be waived2 throughout the month of December.

Over the last five years, the total value of all bitcoin outstanding (i.e., "market capitalization") has grown from less than $1 billion to over $262 billion3 with daily notional turnover on December 8, 2017 exceeding $21 billion. The total value of all cryptocurrency tokens outstanding is now approximately $423.7 billion.

About Cboe Global Markets, Inc.

Cboe Global Markets, Inc. (CBOECBOE is one of the world's largest exchange holding companies, offering cutting-edge trading and investment solutions to investors around the world. The company is committed to relentless innovation, connecting global markets with world-class technology, and providing seamless solutions that enhance the customer experience.

Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global FX and multi-asset volatility products based on the Cboe Volatility Index (VIX Index), the world's barometer for equity market volatility.

Cboe's trading venues include the largest options exchange in the U.S. and the largest stock exchange by value traded in Europe.  In addition, the company is the second-largest stock exchange operator in the U.S. and a leading market globally for ETP trading.

The company is headquartered in Chicago with offices in Kansas City, New York, London, San Francisco, Singapore, Hong Kong and Quito, Ecuador.  For more information, visit www.cboe.com.

Media Contacts


Analyst Contact






Hannah Randall

Suzanne Cosgrove

Stacie Fleming


Debbie Koopman

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+1-312-786-7123

+44-20-7012-8950


+1-312-786-7136

hrandall@cboe.com

cosgrove@cboe.com

sfleming@cboe.com


koopman@cboe.com








CBOE-EF

Cboe®, VIX® and Cboe Volatility Index® are registered trademarks and Cboe Global MarketsSM is a service mark of Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners.

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1 Contracts are single-counted.
2 This fee waiver applies to all CFE transaction fees for XBT futures in December 2017.
3 All data given as of December 8, 2017, source: https://coinmarketcap.com/ 

 

SOURCE Cboe Global Markets, Inc.

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