Demand for futures on Bitcoin continues to grow, and this has led Morgan Stanley to enter the ranks of major banks offering futures trading on the Crypto benchmark. The bank decision comes just a few weeks after Goldman Sachs said it would offer Bitcoin futures to selected institutional clients. Morgan Stanley is considering using the same bidding principle, making the bank second Wall Street Provider of Futures on Bitcoin. For now, the focus is limited to a clearing level, but demand from large institutional clients may ultimately lead to expansion.
Source: Finance Magnates
Jr Trader Petar Milanov
Finance Magnates: Morgan Stanley Becomes Second Wall Street Bank to Clear Bitcoin Futures
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