Morgan Stanley clients may soon speculate on Bitcoin courses

Home News Morgan Stanley clients could soon be on the Bitcoin rates to speculate

Of
Matthias Nemack –
13.09.2018

After the Negative news of the last weeks, the message from the environment of the U.S. company, Morgan Stanley is important to fuel the courses at the crypto market. In the case of large News portals such as Bloomberg it is mid-week, the group planning the introduction of a private bid for crypto-derivatives.

Who would like to address Morgan Stanley with the new offer?

The target group of this global investment Bank is intended to be mainly institutional investors, which, in addition to companies in other sectors, banks could. Confirmatory Statements from the house of Morgan Stanley, there is not yet, however, the rumors fit to current developments in the market. Especially as Several large banks had to look to derivatives with respect to the market for crypto-currencies as a innovative way. Thus, companies no longer could currencies customer directly, such as, for example, Ripple, Ethereum, or IOTA buy. For many companies this is still too uncertain. Instead, said the Bank wants to in the future Speculate on rising or falling Bitcoin rates allow, without the need for a “real” purchase is required.

Bank Swap want to offer-shops

In the center of the current plans are “Price Return Swaps”, as the messages from the today show. Morgan Stanley is not the first provider of such derivative products. However, there are far more brokers submit their customers to such offers. Banks in the investment sector are holding back as a result, even if there are some counter-examples, and a pioneer such as Citigroup. In fact, it is so far, in particular, US banks, “betting” on the Basis of the Spreads – i.e. the difference between the purchase price and the sale price of a crypto currency and other underlying assets.

Other banks could quickly pull is equal to

One reason for the apparent reluctance of many banks, the lack of regulations by the States. Nevertheless, the demand on the customer side is large. More and more institutional investors recognize the return on investment in the crypto market. Regulatory efforts state regulators are also increasingly visible. It seems very likely that other banks will bring comparable products to the Start. Goldman Sachs is one of these providers. Even if the group had tilted his project, the Bitcoin trading on a private “Trading Desk”.