Former Goldman Sachs Director Launches Bitcoin Derivatives Brokerage Crypto Facilities

By February 26, 2015Bitcoin Business

Crypto Facilities Ltd . , a London-based broker founded by former Goldman Sachs Executive Director Timo Schlaefer, has announced the launch of its bitcoin derivatives trading platform.

In financial jargon, a derivative is a contract that derives its value from the performance of an underlying entity, in this case the exchange value of bitcoin. Crypto Facilities trades financial products such as bitcoin options and futures, allowing users to “go long” and bet that the price […]

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