Huobi
This year’s CryptoFrontiers Conference was held on November 28, 2018, in New York City. In the Conference, one of the largest digital currency exchange in market Huobi announced that it would begin to start derivatives contract trading which will be available via Huobi’s Derivative Market (Huobi DM). Huobi DM will be open to customers of select countries and will allow them to open both short and long positions for a handful of coins. Commenting on the launch, Mr Joshua Goodbody, General Counsel of the company’s Global Institutional team remarked Cryptocurrency is a rapidly expanding and maturing market. As part of that maturation, we see more and more sophisticated investors and traders from more established financial markets looking to gain exposure, including institutional players. At the same time, we think many experienced, successful cryptocurrency traders are looking for a broader range of investment tools than has traditionally been available. Huobi DM is tailor-made to...