Nov. 29, 2017 (The Ferowich Report) The Nasdaq derivatives exchange is planning to list bitcoin futures in the first half of 2018, a source tells the Wall Street Journal.
The futures would trade on Nasdaq Futures (NFX), which Nasdaq introduced in 2015 for primarily energy contracts, a personal familiar with the matter told WSJ.
Nasdaq joins the Chicago Mercantile Exchange and the Chicago Board of Exchange as one of the first major public adopters of bitcoin derivatives. The New York Stock Exchange is the last chip to fall in making all four major US stock exchanges bitcoin-future friendly.
“The asset class is not going away,” Shawn Matthews, chief executive at Cantor Fitzgerald & Co., a private exchange for foreign currency and extreme weather derivatives, told the Wall Street Journal. “Every research department of every regulated exchange is saying, ‘can we do this?’” he said.
LedgerX has also sold long-term bitcoin call options on a private exchange.
Bitcoin prices have continued to soar.