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Ukrainian stock exchange to launch Bitcoin futures trading

The launch of futures contracts trading is expected on December 19 at PJSC “Ukrainian Exchange”. This information can be found on the official website of the stock exchange.

As noted, futures contracts trading on the Bitcoin index has become possible after the registration of the registration of futures contracts specifications and change in the rules of PJSC “Ukrainian Exchange”. The index itself will be calculated by platform on the basis of trading on leading cryptocurrency exchanges.

"The uniqueness of the situation is that the Ukrainian Stock Exchange was the first ranging market in the world to offer Bitcoin futures. We can have a synergistic effectconsidering the fact thatinterest in this cryptocurrency in Ukraine is quite high, but, on the other side, the current legal framework strongly limits possibility of Ukrainians to gain access to financial instruments of mature markets. I believe that this can attract attention of international players eventually,ʺ Managing Director at UNIVER Investment Group Alexey Sukhorukov said.

Exchange officials believe that new tools will expand opportunities of market participants, attract new players and will be used by investors in various investment strategies.

Source: forklog

  • December 16, 2016 2:13 PM MSK