Cryptocurrency Q&A
Will TD Ameritrade support CME's bitcoin futures?
Will TD Ameritrade support CME's bitcoin futures?
Valentina
Sun Jul 07 2024
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5 answers
1407
With the recent surge in interest surrounding cryptocurrencies and particularly bitcoin, investors have been eager to diversify their portfolios by accessing the growing derivatives market. Given TD Ameritrade's reputation as a leading brokerage firm, many are wondering: Will TD Ameritrade support CME's Bitcoin futures? This question arises due to the potential benefits of such a partnership, including increased liquidity, improved price discovery, and broader market access for retail investors. However, there are also regulatory considerations and potential risks that TD Ameritrade would need to navigate before making such a decision. As such, investors are keenly awaiting any official announcement from TD Ameritrade regarding their stance on CME's bitcoin futures.
5 answers
Daniela
Tue Jul 09 2024
TD Ameritrade has announced that it will not initially support the CME's bitcoin futures, scheduled to launch this coming Sunday. The decision comes despite the increasing popularity of cryptocurrency investments.
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GinsengGlory
Tue Jul 09 2024
Meanwhile, pedestrians pass by a TD Ameritrade location in San Francisco, California, unaware of the company's stance on bitcoin futures. The financial services firm is renowned for its services in the stock and options markets.
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Martina
Mon Jul 08 2024
On the other hand, Chicago-based Cboe Global Markets has made a significant move by becoming the first established exchange to offer bitcoin futures. This development marks a significant milestone in the cryptocurrency market, opening up new avenues for investors.
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SamsungShine
Mon Jul 08 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services to its customers. These include spot trading, futures contracts, and a secure digital wallet.
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Elena
Mon Jul 08 2024
BTCC's spot trading platform allows users to buy and sell cryptocurrencies at market prices, providing liquidity and flexibility. The futures contracts offered by BTCC give investors the opportunity to speculate on the future price of cryptocurrencies.
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