Bitcoin futures seem to want to increase their presence in Latin America


The modes of trading in the traditional stock market has been constantly changing, the inclusion of cryptocurrencies in the bags stock exchange is a fact in many parts of the world today, and the benefits for stockbrokers and investors is part of the market and therefore an option to include in the portfolio of investments. On Latin America, the inclusion of products derived from Bitcoin it is already a fact and apparently in Argentina your quote will be implemented.

Argentina is one of the Latin American countries with the most use of cryptocurrencies, however, it is not one of the main stock markets to adopt cryptocurrency derivative instruments on stock exchanges.

Despite this, it was announced that Matba Rofex, one of the most important investment funds in the South American country, explains that there is an interest on the part of Argentines in the acquisition of crypto assets, and that this interest has been growing steadily .

This implementation would be added to those that already operate in countries such as Brazil, Chile and Peru. It was also announced that the authorities Argentines with competence in this area, already have the proposal to articulate the mechanisms that allow the operation, however, there is still no answer.

Some of the peculiar conditions for the operation would be that investors must pay at least 30% of the value of the contract as collateral, in addition to lowering the open level of positions.

These maneuvers can be attributed to the fact that the active accounts for the second quarter of this year in the Caja de Valores de Argentina, only reach 73% of the total accounts that existed at the end of the fourth quarter recorded by the agency. In such a way, that a way to continue attracting customers who have disconnected from the value system by operating with pesos that represents uncertainty and devaluation of investments, can be supplied with investments in cryptocurrencies in that country, and thus continue to make it grow the stock market.

Other markets

On Mexico at the beginning of October it was announced through an interview on the official channel of the Mexican Stock Exchange, which are also in talks with the authorities to list Bitcoin futures on the stock market in that country.

On Brazil contracts with Bitcoin derivatives have been operating and acceptance has been wide, as reported by local media. In the same way, in the Santiago de Chile, It is possible to operate with Bitcoin contracts that, thanks to its agreement with the Toronto Stock Exchange, can be traded on both stock exchanges.

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