Business

Authored by Jeffrey Tucker via The Foundation of Economic Education,

By Chris at www.CapitalistExploits.at

Have you ever asked yourself what happens when you place a trade?

I hadn't given it much thought until about 10 years ago when something happened which opened my eyes to a single company that holds what is probably the most concentrated risk position in the US market.

Here's what happened...

Authored by 720Global's Michael Lebowitz via RealInvestmentAdvice.com,

Despite all the risk/margin worries, and volatility fearmongering, and fraud allegations, Bloomberg reports that, according to a person familiar, Goldman Sachs plans to clear bitcoin futures contracts when they go live next week.

“Given that this is a new product, as expected we are evaluating the specifications and risk attributes for the bitcoin futures contracts as part of our standard due diligence process,” Tiffany Galvin, a

spokeswoman for the bank, said in an emailed statement.

Artist's impression of what Bitcoin did today...

Today was all about Bitcoin - no matter what kind of investor you are...