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Interactive Brokers Group

FintechNews RoundupUSA
·Dec. 1, 2017

Interactive Brokers Group Sends Letter to CME About Bitcoin

Thomas Peterffy, CEO of Interactive Brokers Group, sent a letter to the CME and OCC Clearing Members voicing concerns about bitcoin futures; Mr. Peterffy believes bitcoin price movements are too big and arbitrary; he would prefer to put the clearing of bitcoin into an isolated clearing house or another isolated entity; he is sounding the alarm because he does not want to see the repeated mistakes of the 2008 financial crisis. Source.

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