Some Wall Street banks won't offer access to the first Bitcoin futures market

Re:Some Wall Street banks won't offer access to the first Bi... by nivertech on Friday December 08, 2017 @10:47AM (#15879472)

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.

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Re:Some Wall Street banks won't offer access to the first Bi... by tome on Friday December 08, 2017 @10:59AM (#15879565)

They not "long-only" futures. One particular broker has decided they're going to let their customers have long positions in the future rather than short, that's all.

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Re:Some Wall Street banks won't offer access to the first Bi... by zhte415 on Friday December 08, 2017 @11:01AM (#15879577)

These are synthetics. Why offer both side of the coin if you only believe in one side.

If interested in Bitcoin have Bitcoin. If interested in synthetics buy this. Counterparty risk plus plus.

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