TD Ameritrade and ErisX Will Launch BTC, BCH, LTC and ETH futures
A major American broker TD Ameritrade Holding Corp has invested undisclosed amount of money in a regulated derivative exchange ErisX, this will allow the latter to offer Bitcoin, Bitcoin Cash, Ethereum and Litecoin futures.
TD Ameritrade representatives note that the company’s clients already have access to Bitcoin futures contracts on the CBOE Futures Exchange. Due to strategic partnership with ErisX which is also a clearing agency, the broker’s clients will get access to future contracts for Ethereum, Litecoin and other popular digital assets.
As J.B. Mackenzie, TD Ameritrade’s managing director of futures and foreign exchange noted, this will let the clients access additional cryptocurrency products for future and spot markets.
A regulated exchange ErisX is planning to launch cryptocurrency spot contracts in the first half of 2019.