Cboe files to list multiple bitcoin ETFs

December 26, 2017 10:49 AM
Exchange Shorts

Cboe filed with the SEC to list multiple bitcoin futures ETFs: the First Trust Bitcoin Strategy ETF, the First Trust Inverse Bitcoin Strategy ETF, the GraniteShares Bitcoin ETF, the GraniteShares Short Bitcoin ETF, the REX Bitcoin Strategy ETF and the REX Short Bitcoin Strategy ETF.

TMX: BOX Options Exchange will give floor brokers a $0.075 per contract rebate for all QOO Orders presented on the trading floor. The rebate will not apply to Public Customer executions, executions subject to the Strategy QOO Order Fee Cap, or executions where the Broker Dealer is facilitating a Public Customer. The total monthly rebate for Broker Dealer executions will continue to be capped at $30,000 per month per Broker Dealer.

MOEX: NSD announced the results of Russia’s first transaction issuing commercial bonds based on the blockchain technology: a RUB 500 million commercial bond issue of MegaFon. A full life cycle of the security, based on blockchain technology, was implemented: from placement to the full execution of the issuer’s obligations to the investor. According to NSD, in 2018, interest in blockchain-based bond issues may reach RUB 10-15 billion.

DFM issued two new regulations that pave the way for market participants to implement both repurchase agreements (Repo) and Islamic Murabaha transactions after gaining approval by the Securities and Commodities Authority (SCA).

tZERO will purchase a 24% stake in StockCross Financial Services, a DTC Clearing Firm.

SEC: The Senate confirmed Robert Jackson and Hester Peirce to join SEC. The SEC will have its full complement of five members once the new members are sworn in.

Israel Securities Authority (ISA) Chairman Shmuel Hauser said he will bring a proposal to the ISA board next week to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange. “If we have a company that their main business is digital currencies we would not allow it. If already listed, its trading will be suspended,” Hauser said.

Japan Securities Clearing Corporation (JSCC)'s new derivatives clearing system will go live in February.

About the Author

Bernardo Mariano brings to ERDesk his experience structuring private deals for the acquisition of mutual exchanges. Prior to joining ERDesk Bernardo worked as a Director for Instinet and later, CEO of Reuters' Bondex. He holds an MS in Economics from University of Illinois and an MIA in Finance from Columbia University. He can be reaced at be reached at mariano@erdesk.com.