The dollar fell, weighed down by worries that the Federal Reserve may not raise interest rates at a faster pace next year despite solid US growth.
The euro rose slightly as investors took a cautious view over how much tax reforms, if passed, would boost the US economy, with most major currencies trading in tight ranges in a relatively thin market.
Sterling dipped in a calm market after climbing the previous day, with investors cautious about risks surrounding Brexit negotiations for the year ahead despite progress in the talks last week.
Exchange saw lighter volume than rival Cboe, but larger contract size made up for the difference.
- Exchange Giant CME’s Bitcoin Futures Get Tepid Take-Up in Debut – Reuters
- Trading Begins in CME Bitcoin Futures – Profit & Loss
Clearinghouses handling bitcoin futures are clearing them like any other financial product, though margin requirements reflect they are based on a volatile market.
- Bitcoin Futures Manipulation 101: How ‘Banging the Close’ Works – Wall Street Journal (subscription)
Michel Barnier’s stark declaration quashes hopes for a bespoke trade deal to include financial services.
Following the launch of the consolidated tape in September, Dmitri Galinov, CEO of FastMatch, is envisaging a new business model whereby the platform will not charge firms at all for brokerage.
When the European Union’s new MiFID II market rules kick in on January 3, some firms will be temporarily unable to provide services across borders within the bloc.
- JPMorgan Says Too Much MiFID II Transparency Might Hurt Market Liquidity – ValueWalk
- These Are the Two Words Traders Will be Paying Attention When Europe’s New Rules Kick In – Bloomberg
Germany joined European governments pushing for global bitcoin regulation amid mounting alarm that the world’s most popular digital currency is being used by money-launderers, drug traffickers and terrorists.
The FCA affirmed the technologies can be effectively regulated under existing laws.
The regulatory backlash against risky financial spread-betting is mounting.
Three years after it opened amid much fanfare with the promise of paving the way to more trade between Canada and China, the yuan hub in Toronto has proven to be a bit of a dud.
One of the hottest cryptocurrency investments of 2017 comes from a software startup that doesn’t plan to sell any software and describes what it is selling – something called a digital token – as having “no purpose.”
Forget the traditional Christmas consumer brand stand-off: when it comes to emotion-twanging advertising, Japan’s bitcoin trading platforms are the true prize fight.
The South African rand surged by more than four per cent, pushing the currency to its highest level in six months, after deputy president Cyril Ramaphosa was elected the new leader of the ruling African National Congress.
Two of Australia’s largest asset managers are at odds about whether their nation’s currency will break below 70 US cents.