New justification: Goldman Sachs still working on derivatives for Bitcoin

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2018-09-11 16:15:06

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New justification: Goldman Sachs still working on derivatives for Bitcoin Source:

The Flow of news around Goldman Sachs does not end in the refutation of the refutation of the words of the representatives of the investment Bank. Now they claim that the company is preparing to launch derivatives on . About it writes .

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Goldman Sachs can not be determined with Bitcoin

Recall, the recent sharp depreciation of the cryptocurrency supposedly was due to start trading platform Goldman Sachs. Later financial Director at an investment Bank Martin Chavez that the launch of the project is not canceled, but merely postponed for a certain period. Now Chavez says about the launch of derivative on Bitcoin.

The Next step in the study of the stock market — development of cryptocurrency futures and contracts for difference (CFD).

From the point of view of benefit to the industry would be nice if Goldman Sachs has launched a project associated with the cryptocurrency, not the trading instruments. However, chávez has concerns about security.

The Exchange of cryptocurrency is a very interesting opportunity for institutional investors. In the current market position of appropriate infrastructure for inserting large capital does not yet exist.

The Words of financial Director of Goldman Sachs not entirely accurate. At the moment, Xapo, BitGo and already provide services to institutional investors.

And yet derivatives may harm the stock market in the long term, as they divert investment from the spot market. Derivatives on a crypt now traded on futures markets the CBOE and the CME, as well as on BitMEX. Soon to this list can join and Goldman Sachs.

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