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Deutsche Bourse is considering online bitcoin futures products, is expected to become the first in Europe

Deutsche Bourse is considering online bitcoin futures products, is expected to become the first in Europe

Deutsche Börse considers online Bitcoin futures

According to German business media Wirtschaftswoche, executives at Deutsche Börse AG are discussing whether to launch bitcoin futures on the Eurex, Europe's largest futures and options exchange.

A spokesman for the exchange said:

"We're thinking about bitcoin futures, so that private and institutional investors can either protect existing bitcoin investments or set a price drop limit for this currency."
However, the German stock exchange is concerned about the price manipulation of Bitcoin, especially given the fact that most Bitcoin markets are unregulated - a point that is where cryptocurrency futures suffer.

If Deutsche Börse Exchange really launches bitcoin futures, it will be the first regulated exchange in Europe to provide investors with an opportunity to gain direct access to these products.

The two financial institutions now have mini-bitcoin futures on SIX, the leading Swiss stock exchange - the NASDAQ has launched two types of exchange-traded bitcoin bills - but there is no European exchange yet On the line full of bitcoin futures contract products.

The major agencies pay attention to bitcoin

Although Bitcoin is still an emerging asset class, institutional investors have always wanted to be able to reach cryptocurrencies while holding these assets directly without systemic risk, and futures can satisfy this demand.

Earlier this month, the Chicago Board of Trade (CBOE) became the first US regulated exchange to launch online bitcoin futures contracts, and for the first time, Wall Street reached crypto-currency futures. Chicago Mercantile Exchange - the world's largest derivatives exchange - will also begin trading bitcoins next Monday contract products, will enable more traders to get this product. Several other U.S. exchange operators, most notably the Nasdaq, are expected to launch bitcoin futures in 2018.

In Asia, Japan has become an important center for the cryptocurrency industry and expects to begin trading Bitcoin in the near future. It was previously reported that the Tokyo Financial Exchange is studying on-line Bitcoin futures as soon as possible, though they must persuade the government to adjust Japan's securities laws to apply these products.