Marketfactory to Offer Bitcoin Futures Trading via CME with FX API

The availability of Bitcoin futures on several exchanges is having ripple effects on the rest of the financial services industry. CBOE has already supported these instruments with CME Group slated to launch them next week. Consequently, MarketFactory has configured its Whisperer API to seamlessly trade Bitcoin futures, augmenting its low latency API used in FX trading.

The hype for Bitcoin futures trading is real, with this week’s support via CBOE already seeing strong demand from the retail space. Ahead of next week’s launch of Bitcoin futures on CME Group, MarketFactory will be harnessing its API and connectivity suite for trading these instruments.

Despite fears of thin Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term after CBOE’s launch however, CME Group’s offering of Bitcoin futures is steaming full speed ahead for December 18.

Earlier this month, the US Commodity and Futures Trading Commission (CFTC) made a landmark decision to allow both CME Group and the CBOE to list Bitcoin futures. So far, institutional investors have largely stayed out of the market amidst increasing worries about the clearing of the contract.

Matt Whitaker, Director of Product Management, MarketFactory, commented: “Our Whisperer API and connectivity solution simplifies and reduces our client's technical cost of entry to new currency markets, and with that in mind, we are pleased to announce that BTC futures are already available to trade via our CME integration.”

“Traditionally, futures contracts are seen as a means of damping down market volatility by bringing risk hedgers and speculators into an ordered market consensus. It remains to be seen how this can be the case with Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term today, but should our clients wish to participate they have the certainty of Whisperer's ultra-low latency architecture and network connectivity to ensure the best advantage possible when trading in highly volatile markets,” he added.