Deals
Bitcoin Futures Coming From Team That Rebounded From Epic Snafu
- Cboe tech staff came from Bats, which once botched its own IPO
- Launch of bitcoin futures will be watched even more closely
Cboe CEO Tilly on Plan to Launch Bitcoin Futures
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Cboe Global Markets Inc. is preparing to release bitcoin futures into a bitcoin-obsessed world. Its tech staff knows how badly these things can go.
Cboe bought exchange operator Bats Global Markets Inc. earlier this year. Back in 2012, Bats made Wall Street’s history books after it failed to complete a fundamental task of exchanges: getting a stock trading after an initial public offering. It wasn’t just any IPO -- it was the company’s own debut.