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CBOE BitCoin futures


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CBOE BitCoin futures

  #51 (permalink)
 
rleplae's Avatar
 rleplae 
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Nice day, good volume, a crypto day for the history books...
good volatility, mania continuous,
trading futures did not break the wave...


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  #52 (permalink)
 tpredictor 
North Carolina
 
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I found this so far on Tradestation: looks like BRTI looks okay but that looks like the CME one.


$XBTS.X
$BRTI
@XBT (looks like I don't have data for this)


rleplae View Post
I don't see the CBOE futures yet in IQfeed yet..

@BTCG18-@BTCH18 BITCOIN FUTURES FEB 18/MAR 18 CME SPREAD CME_GBX
@BTCG18 BITCOIN FUTURES FEBRUARY 2018 CME FUTURE CME_GBX
@BTCF18-@BTCG18 BITCOIN FUTURES JAN 18/FEB 18 CME SPREAD CME_GBX
@BTCF18-@BTCH18 BITCOIN FUTURES JAN 18/MAR 18 CME SPREAD CME_GBX
@BTCF18 BITCOIN FUTURES JANUARY 2018 CME FUTURE CME_GBX
@BTC# BITCOIN FUTURES MARCH 2018 CME FUTURE CME_GBX
@BTCH18 BITCOIN FUTURES MARCH 2018 CME FUTURE CME_GBX
BRTI.X CME CF BITCOIN REAL TIME INDEX CME INDEX CME
BRR.X CME CF BITCOIN REFERENCE RATE CME INDEX CME
XBTS.XO GEMINI 4 P.M. BITCOIN AUCTION PRICE CBOE INDEX CBOE
GXBT.XO GEMINI BITCOIN TRADE PRICE CBOE INDEX CBOE


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  #53 (permalink)
 
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tpredictor View Post
I found this so far on Tradestation: looks like BRTI looks okay but that looks like the CME one.


$XBTS.X
$BRTI
@XBT (looks like I don't have data for this)

If you create a chart, does it update ?
the CME insrument is not yet live i think, you can compare it to my chart...

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  #54 (permalink)
 tpredictor 
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It updates but remember the CBOE is based on Gemini. The CME is based on their basket of indexes. $BRTI is the underlying index.

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  #55 (permalink)
 
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tpredictor View Post
It updates but remember the CBOE is based on Gemini. The CME is based on their basket of indexes. $BRTI is the underlying index.

I don't think this is correct
the future is related to the bakset
but the price update is related to bid/ask of the participants
whatever the basket of indexes does (limited to some extend with the settlement)
but the index does not necessary exhaustively drive the bid/ask...

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  #56 (permalink)
 tpredictor 
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@rleplae I was just pointing out the $BRTI is an index based on different exchanges. I'm not sure what the final exchanges will be but its a group. The CBOE index is based only on Gemini exchange (if I'm not mistaken). Right, the futures will trade at most-likely at a premium to the index. One of the difficulties with trading BTC as a tape reader is that the order flow is all mixed up on the different exchanges. Right, the futures do not have to track the index. In lower liquidity markets, you might see the futures exhibit some unique qualities that make them more difficult to trade. For example, in comparison to the spot, I will see my targets taken out in the spot/cash markets like GDAX whereas on futures often the market will stay below the limit order targets unless there is a higher probability of taking them out and moving higher. So, you'll tend to see the market hold under resistance and then jump higher. Not sure whether CME/CBOE will exhibit these same tendencies or not.

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  #57 (permalink)
meow
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Looking nice, it is Ninja Trader right? What broker are you with?



rleplae View Post
Nice day, good volume, a crypto day for the history books...
good volatility, mania continuous,
trading futures did not break the wave...



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  #58 (permalink)
 
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 rleplae 
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meow View Post
Looking nice, it is Ninja Trader right? What broker are you with?

The data is IQfeed and not broker data.

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  #59 (permalink)
interestingstuff
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SMCJB View Post
In an ideal world, you might be buying cash selling futures today, and doing the opposite tomorrow, leaving you with a flat position. In reality in most arbitrage situations though you often build up a position all in one direction. As such, when the financial leg expires you need to liquidate the physical leg at a price equal to, or as close as possible to the settlement price. If your arbing Bitstamp/Bitfinex/Coindesk against the futures, your risk is that when you go to unwind the position that there is a price differential between Bitstamp/Bitfinex/Coindesk and Genini.

Of course you could always roll the futures to the next month, waiting for a better opportunity to unwind. Is there a market on the F/G spread yet? (I'm not at my desk so can't see).

the spread has narrowed
and the futures is below spot now
$1000-$1500 is possible to arb by hand , there is too much room for play.

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  #60 (permalink)
 ShatteredX 
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Got my CBOE data, now patiently waiting for NT Brokerage to allow XBT trading (if at all).

Current 120min chart:


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