Thomas Peterffy, founder, chairman, and CEO of Interactive Brokers Group, has sent a letter to CME and OCC Clearing Members expressing concerns about the exchanges’s decision to begin offering Bitcoin futures in December.Dated November 27, 2017, the letter notes:This letter is to request that you urge the CFTC, CME, CBOE Futures Exchange (CFE) and OCC not toallow clearing of bitcoin products through registered derivatives clearing organizations (DCOs) that alsoclear non-bitcoin futures until the CFTC has examined the risks to the clearing organizations, theirmembers and the financial markets as a whole; and after considering public comment and the views ofother interested agencies such as the SEC and the Federal Reserve Board.(Full letter:
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Thomas Peterffy, founder,...