Bigger story: some CME brokers will offer access to their retail traders. NinjaTrader (US) and RBC (Canada) intend to.
It's the first time I hear about "long-only futures", is this even legal?
EDIT: I know it’s legal for equity options, where retail traders need to be eligible to be able to write options.
Since QC will in all probability break wallets would there be any reason not to short BTC over say a 10 year time frame?
Considering at this point I expect a lot of short contracts it’ll be interesting.
If Goldman has already created the futures system and darkpools etc, they can make money off of it and they intend to.
> As investors rush into bitcoin, some big Wall Street banks are hitting the brakes.
This metaphor sounds as if they're taking an affirmative step to halt the "rush." But they're just not opting-in to this new futures offering. If we need to stick with this metaphor, let's try "some big Wall Street banks are coasting."
Funny yesterday's bullish news about bc, and the accompanying spike to 19k, and today's bearish article, coinciding with a drop back to 15k. It's almost as if some large players are testing the waters on whether they can manipulate the price easily...
The only winning move is not to play.
Spend time investing in yourself and your skills, and put your money in something like VTSMX, Vanguard's extremely low-overhead total stock market index fund.