Goldman Sachs to Clear Bitcoin Futures for “Certain Clients”

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Goldman Sachs to Clear Bitcoin Futures for “Certain Clients”

Postby kreslik.news » Thu Dec 07, 2017 9:47 am


Bloomberg has reported that an unidentified person familiar with the situation has revealed that Goldman Sachs has made plans to offer “certain clients” clearing services for the Bitcoin futures contracts that will be launched on CBOE and CME within the next two weeks.

The report explained that the clients that will gain access to the Bitcoin futures options will be decided on an individual basis. The firm has no plans to act in anything beyond an “agency capacity,” and will not become a market maker or hedge inventories itself.

While Goldman Sachs has historically had a more open-minded approach to cryptocurrency than ... (read more)

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