Printer Friendly

Goldman selecting customers for Bitcoin trading product.

Global Banking News-October 31, 2018--Goldman selecting customers for Bitcoin trading product

(C)2018 ENPublishing -

Global Banking News - 31 October 2018

Goldman Sachs (NYSE: GS) is believed to be selecting new customers for its bitcoin trading product that is to be launched soon.

Website, the, said that the firm has selected clients to actively trade the derivative, a non-deliverable forward. It is a cash-settled product that is comparable to a futures contract. However, it does not trade on an exchange.

At present, Bitcoin derivatives are available on several regulated US trading platforms.

[Editorial queries for this story should be sent to]

((Distributed via M2 Communications -

COPYRIGHT 2018 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Oct 31, 2018
Previous Article:Bank Zero trials operations.
Next Article:TrueLayer to provide Open Banking access to European banks.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters