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The letter suggests that the Bitcoin price didn't collapse overnight after the futures launch by CBOE and CME due to relatively low trading volume of
Bitcoin in the futures market.
m. Earlier, CBOE said it has taken precautions to address wild fluctuations, such as suspending trading for two minutes if bitcoin prices went up or
down by 10 per cent. Bitcoin's introduction to the CBOE has been seen by some as a step towards legitimising the currency.
For contracts that don't have an expiry, you decide exactly when you want to close your position and realise your profit or loss.
When you open a CFD demo account, you’ll be granted immediate access to a demo version of the platform, along with a pre-set balance of
‘virtual money’ to practice. The idea is to recreate the experience of a real trading environment as closely as possible so that
you can get a real feel for how the platform works, as well as the different assets you can deal on and the kind of strategies and techniques you can
exercise. The main difference is you won’t be using real money so that you can explore and experiment with confidence. But demos
aren’t just for newcomers. Experienced traders often like to use demo accounts to try out new tools or ideas, safe in the knowledge that
they won’t result in any real-world losses.
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