Pound remains stable despite Brexit turbulencePound

We recently reported that the CME group are looking to bring a Bitcoin options product to the market in the first quarter of 2020.I for one cannot wait for the release but you are able to trade options on BTC and ETH via Amsterdam through Deribit.Either way, the US futures exchange are hoping that the product goes down well with its Asian userbase. CME Group’s global head of equity products and alternative investments Tim McCourt said he expects this to be as popular as bitcoin futures, which launched two years ago.“While futures give you a one-for-one exposure, whereby the movement of the underlying bitcoin translates directly to a specific dollar value per contract, an option gives you varying strike-price levels and can give you either downside protection, or upside exposure at a fraction of the underlying [assets]price,”If you are not familiar with options they are usually used as an insurance product to protect you against volatile movements in the spot markets.Traders now use options for speculation and bet on the direction with a call (buy) or a put (sell) options. With options, you pay a premium for a certain price and on a call option for example if the price betters or moves above your strike price at the time of the options expiry you come away with a profit. This also works the same with a put option (sell), you can choose a strike price and a date of expiry. Pay the premium and if the price is below the strike you have chosen at the given date you make a profit. It may sound complicated but it will add more volume to the market and attract more institutional investors to the crypto space.Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed https://signal-means-profits.com/reviews/forex-brokers/privatefx-brokerage-company-has-positioned.html before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Asset Gates forex broker Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .