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US Brokerage Giant Launches Bitcoin Futures Trading for Retail Investors

US brokerage giant TD Ameritrade has quietly launched Bitcoin futures trading to its 11 million retail investors.

The company’s website touts the new trading option, which uses CME Group’s Bitcoin futures market and requires investors have at least $25,000 in their account.

Here’s a look at the full list of requirements needed to trade Bitcoin futures on the platform.

  • Margin enabled
  • Tier 2 spread option approval
  • Advanced features enabled
  • Futures trading approval
  • Account minimum of $25,000

TD Ameritrade currently has $1.27 trillion in assets under management.

The company has previously said its retail clients “are seeking to access and trade digital currency products in the same way they do with traditional capital markets – through a legitimate, regulated and transparent exchange.”

TD Ameritrade is also an investor in ErisX, a new regulated cryptocurrency exchange for spot and futures trading opened by Eris Exchange, a Chicago-based derivatives market.

ErisX is designed to offer traders access to cryptocurrency spot contracts as well as futures contracts on a single exchange.

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