Market participants using MarketFacory’s ultra-low latency API for foreign exchange trading, Whisperer, will be able to trade Bitcoin futures on the Chicago Mercantile Exchange (CME) when they launch on 18 December.

Additionally, Whisperer provides access to Bitcoin market data.
 
“Our Whisperer API and connectivity solution simplifies and reduces our client's technical cost of entry to new currency markets, and with that in mind, we are pleased to announce that BTC futures are already available to trade via our CME integration,” says Matt Whitaker, director of product management, MarketFactory.
 
“Traditionally, futures contracts are seen as a means of damping down market volatility by bringing risk hedgers and speculators into an ordered market consensus. It remains to be seen how this can be the case with cryptocurrencies today, but should our clients wish to participate they have the certainty of Whisperer's ultra-low latency architecture and network connectivity to ensure the best advantage possible when trading in highly volatile markets,” says Matt Whitaker.
 
On 1 December, the US Commodity and Futures Trading Commission (CFTC) said they would allow the CME Group and the Chicago Board Options Exchange (CBOE) to list Bitcoin futures. They launched on the CBOE on 10 December and are expected to list on the CME beginning 18 December. It is anticipated that Nasdaq will list Bitcoin futures sometime in 2018.