Search engine for touristic excursions to any place in the world Both once the CBOE future expired and after this, when the CME bitcoin future is on its way settlement, there is a substantial decline in the bitcoin price. Both futures has a serious low volume i would guess that these are dominated by one liquidity provider\/market maker. Forex maker is probably short the longer term and possibly long the spot. At expiry, they’ll profit if your prices are low and have a border after settlement in the event the cost rebounds. Sadly both CME and CBOE has chosen an incredibly bad settlement processes which are simple to manipulate. For CBOE it’s the auction price for Gemini – a tender with a really small volume generally.
CME’s model is way better, but nonetheless of low quality, VWAP on the four major exchanges is a good idea, but if that VWAP is calculated on one minute of trading it’s meaningless. With few large participants, the degree on such a brief time span is quite limited. Even when many large participants might have interests in any of such settlement processes they’d more than likely have similar position and advantages of exactly the same side of the market manipulation. The VWAP should have been calculated over many hours instead). In conclusion is that we likely will discover a lots of strange market activity around each future expiration and expect a rebound after 3 pm Central time today!.
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