One of the largest stock exchanges in the world, Nasdaq plans to implement its plan for listing Bitcoin futures , Bloomberg writes, citing two sources familiar with the situation. According to their information, the company expects to attract significant interest in its new product, despite the decline in the price of the first cryptocurrency .
Sources also said that Nasdaq was working to eliminate doubts about the main regulator of the US swap markets – Commodity Futures Trading Commission (CFTC). The exchange operator, whose plans to launch Bitcoin futures became known last year, intends to open its new product for trading in the first quarter of 2019, they said.
In January, the head of the Nasdaq, Adena Friedman, said that the company is exploring ways to make its potential product different from the competitors' futures available. The source said that Nasdaq futures will use the spot price from many cryptocurrency exchanges as a guideline in accordance with the proposal of VanEck Associates Corp. In existing bitcoin futures CME exchange uses four markets, CBOE – one.
Last week it became known that the VanEck division would use data from three over-the-counter cryptocurrency trading platforms to launch an index that could be involved in its future Bitcoin-ETF , pending approval by the US Securities and Exchange Commission (SEC).
Also, according to official information, the launch of the cryptocurrency platform of the operator of the New York Stock Exchange Bakkt should take place in January.
