BitMEX Launches Leveraged China A50 Stock Index Trading with Bitcoin

BitMEX (Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Mercantile Exchange) has announced this week they are launching the world's first bitcoin denominated futures contract on a Chinese A Share index. The new instrument from the bitcoin derivatives focused venue allows cryptocurrency investors to access the walled-off equity market in China and trade with up to 25 to 1 Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term.

The China A50 Equity Index is comprised of the fifty biggest public companies in China and priced in Chinese yuan (CNY). However, investors using the BitMEX product will receive 0.0001 Bitcoin (XBT) per 1 CNY move in the index. Additionally, unlike the Chinese stock exchanges that only open Monday to Friday, the BitMEX contract trades 24/7. The new contract has monthly expiries based on the closing price of the FTSE CHINA A50 Index to two decimal places.

Speaking with Finance Magnates Arthur Hayes, co-founder and CEO of BitMEX, explains the rationale for the new product: "Trading the China A share market for most investors is quite difficult. Due to various restrictions, obtaining long and especially short exposure with leverage is almost impossible. For retail investors without large brokerage accounts, it is even more difficult.

BitMEX aims to provide retail investors globally access to the China A share market using a Bitcoin denominated futures contract (commonly referred to as a quanto futures contract). Investors with only a few hundred USD of Bitcoin can now trade the China stock market. As long as an investor can exchange his or her domestic currency for Bitcoin, he or she can trade the BitMEX China A50 Index Futures contract."