What are the differences between CBOE and BATS in terms of their impact on the cryptocurrency industry?

3 answers

• Nov 28, 2021 · 3 years ago
  CBOE and BATS are both major stock exchanges, but they have different approaches when it comes to cryptocurrencies. CBOE, or the Chicago Board Options Exchange, was the first to introduce Bitcoin futures trading in December 2017. This move brought more legitimacy to the cryptocurrency industry and allowed institutional investors to participate. On the other hand, BATS, or the Bats Global Markets, does not offer direct cryptocurrency trading. However, BATS is known for its high-speed trading platform, which indirectly impacts the cryptocurrency market by providing liquidity and efficient trading infrastructure for other financial instruments. Overall, CBOE has a more direct impact on the cryptocurrency industry through its Bitcoin futures trading, while BATS indirectly supports the market through its trading technology.
  830415
• Nov 28, 2021 · 3 years ago
  When it comes to the impact on the cryptocurrency industry, CBOE and BATS have different roles. CBOE's introduction of Bitcoin futures trading was a significant milestone for the industry. It provided a regulated platform for institutional investors to trade Bitcoin, which increased market liquidity and brought more attention to cryptocurrencies. BATS, on the other hand, does not directly trade cryptocurrencies. However, its high-speed trading technology plays a crucial role in the overall financial markets, including the cryptocurrency market. By providing efficient trading infrastructure, BATS indirectly supports the cryptocurrency industry by enabling faster and more reliable trading for various financial instruments. So, while CBOE has a more direct impact, BATS contributes to the industry in a different way.
  824275
• Nov 28, 2021 · 3 years ago
  CBOE and BATS have different approaches when it comes to the cryptocurrency industry. CBOE was the first to launch Bitcoin futures trading, which allowed investors to speculate on the price of Bitcoin without owning the actual cryptocurrency. This move brought more institutional investors into the market and increased its credibility. On the other hand, BATS does not directly trade cryptocurrencies. However, as a major stock exchange, BATS provides a robust trading platform that supports various financial instruments, including stocks, options, and ETFs. This indirectly benefits the cryptocurrency industry by providing liquidity and efficient trading infrastructure for other assets. Overall, CBOE's impact is more direct through its Bitcoin futures, while BATS contributes to the industry indirectly through its trading technology.
  840210