CME Group (CME) Declares $3.50 Annual Dividend; 2.3% Yield

Go back to CME Group (CME) Declares $3.50 Annual Dividend; 2.3% Yield

Bitcoin to start futures trading, stoking Wild West worries

December 7, 2017 1:05 AM EST

By John McCrank and Anna Irrera

NEW YORK (Reuters) - Bitcoin fans are salivating over the potential of long-awaited legitimacy for the cyptocurrency when futures trading launches this weekend, but experts worry the risks associated with bitcoin's Wild West-like nature could overshadow the debut.

The first bitcoin future trades kick off Sunday at 6 p.m. EST (2300 GMT) on Cboe Global Markets Inc's (NASDAQ: CBOE) Cboe Futures Exchange, followed a week later by CME Group Inc's (NASDAQ: CME) CME.

Nasdaq Inc (NASDAQ:... More

Australia's ASX selects blockchain to cut costs

December 6, 2017 5:32 PM EST

(This version of the story corrects paragraph 7 to show ASX plans releasing timetable for transition to new system in March 2018, not make it operational in March 2018)

By Susan Mathew and Anna Irrera

(Reuters) - Australia's ASX Ltd (NYSE: ASX) said on Thursday it would replace its registry, settlement and clearing system with blockchain technology to cut costs for customers.

The decision to replace the Clearing House Electronic Subregister System (CHESS) on Australia's main bourse follows two years of testing of distributed ledger technology, also known as blockchain.

"We... More

Big Banks Push Back on Launch of Bitcoin Futures - FT

December 6, 2017 2:28 PM EST

Big banks are pushing back on the launch of Bitcoin futures, according to the Financial Times. The Futures Industry Association plans to send a letter to the CFTC stating that the rapid introduction of bitcoin futures did not allow for proper public transparency and input.

... More

CME Group (CME) PT Raised to $168 at UBS, 'Volumes Keeping Pace for Another Record Year'

December 6, 2017 6:50 AM EST

UBS raised its price target on CME Group (NASDAQ: CME) to $168.00 (from $148.00) while maintaining a Buy rating.

... More

New York Stock Exchange owner ICE holds back on crypto-futures

December 5, 2017 5:14 PM EST

By John McCrank

NEW YORK (Reuters) - Intercontinental Exchange Inc (NYSE: ICE) has put a lot of thought into the idea of futures contracts on cryptocurrencies like bitcoin, but has yet to move forward due to the opaque nature of the underlying markets, the New York Stock Exchange owner's chief executive officer said on Tuesday.

Bitcoin's price has surged more than tenfold this year, hitting a record high of $11,850 on Tuesday, amid a chorus of warning that it is a bubble on the verge of bursting.

... More

Bitcoin Reference Rate (BRR) $11810.51

December 5, 2017 12:31 PM EST

Bitcoin Reference Rate (BRR) $11810.51

... More

Bitcoin Real Time Index (BRTI) $11741.99

December 5, 2017 12:19 PM EST

Bitcoin Real Time Index (BRTI) $11741.99

... More