RapperT 336 Report post Posted December 7, 2017 (edited) http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures?utm_campaign=bitcoin-futures&utm_medium=vanity-url&utm_source=na 1 contract = 1 bitcoin, cash settled We've been back testing some traditional trend following systems on bitcoin with some interesting results. I will look to post one or two here. Edited December 7, 2017 by RapperT Share this post Link to post Share on other sites
Twiga808 13 Report post Posted December 7, 2017 but you can't go short on IB Share this post Link to post Share on other sites
RapperT 336 Report post Posted December 7, 2017 (edited) 6 minutes ago, Twiga808 said: but you can't go short on IB really? IB website blocked at work so cant read about it Edited December 7, 2017 by RapperT Share this post Link to post Share on other sites
Djtux 548 Report post Posted December 7, 2017 Just now, RapperT said: really? Yep i read that somewhere as well, worth double-checking. Share this post Link to post Share on other sites
Twiga808 13 Report post Posted December 7, 2017 I wrote an inquiry yesterday...only long plus IB doesn't start trading till Monday Share this post Link to post Share on other sites
RapperT 336 Report post Posted December 7, 2017 Well thats dumb if so. Did they give a reason? Share this post Link to post Share on other sites
Djtux 548 Report post Posted December 7, 2017 https://ibkr.info/article/3049 Quote Will there be any restrictions on trading? Due to the extreme volatility of cryptocurrencies, clients will be unable to assume a short position (including as part of a spread). In addition, market orders will not be accepted. 1 Share this post Link to post Share on other sites
RapperT 336 Report post Posted December 7, 2017 el oh el..."extreme volatility" Share this post Link to post Share on other sites
Twiga808 13 Report post Posted December 7, 2017 I think the quote was " because it has unlimited upside potential".....I think this guy sells Tulips too. This is turning into the most epic "pump and dump" ever... Share this post Link to post Share on other sites
RapperT 336 Report post Posted December 7, 2017 welll its no fun if we cant short the F out of it when it goes. I think we all need to blow up their phones 1 Share this post Link to post Share on other sites
abandak 26 Report post Posted December 7, 2017 2 minutes ago, RapperT said: welll its no fun if we cant short the F out of it when it goes. I think we all need to blow up their phones Why short the honey badger of crypto 2 Share this post Link to post Share on other sites
Djtux 548 Report post Posted December 14, 2017 On 12/7/2017 at 10:32 AM, Djtux said: https://ibkr.info/article/3049 It seems that it is possible to short XBT future now, but hum the margin requirement :). Quote The margin requirement for outright long positions will be set at 50% of the prior day's lead month settlement price. In the case of outright short positions, the margin rate for the CFE contracts is currently set at USD 40,000 per contract and the CME contract, which is 5x larger, is projected to have a requirement of USD 200,000 when trading commences. Share this post Link to post Share on other sites
abandak 26 Report post Posted December 14, 2017 (edited) 2 minutes ago, Djtux said: It seems that it is possible to short XBT future now, but hum the margin requirement :). Wow the arb spread totally evaporated.. now a little under 2% on the front month contract Edited December 14, 2017 by abandak Share this post Link to post Share on other sites
RapperT 336 Report post Posted December 15, 2017 that margin req is absurd Share this post Link to post Share on other sites
Djtux 548 Report post Posted December 21, 2017 Btw, have you seen Long Island Iced Tea this morning ? Crazy... Share this post Link to post Share on other sites
Yowster 9,174 Report post Posted December 21, 2017 5 minutes ago, Djtux said: Btw, have you seen Long Island Iced Tea this morning ? Crazy... @DjtuxLTEA and NETE in the same boat - crazy price spikes due to tie-ins to bitcoin processing. Unfortunately, no options yet on either of these 2 stocks. Share this post Link to post Share on other sites