FCMs look to top up initial margin on bitcoin futures

In advance of bitcoin futures launch, brokers seek extra IM buffer from clients

Getty Images

US futures brokers are considering requiring additional initial margin for bitcoin futures trades, above the level required by exchanges which are preparing to launch new contracts based on the cryptocurrency.

As CFE and CME Group, two Chicago-based exchanges, ready their bitcoin futures launches, for December 10 and December 18 respectively, brokers are scrambling to evaluate the level of risk offered by this new derivative amid a period of volatility in the unregulated currency. CFE intends

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here