The Bakkt platform, Intercontinental Exchange (ICE) has successfully traded 73 Bitcoin (BTC) futures contracts after they were launched on September 22, 2019 yesterday. For historical information about ICE about Bakkt Bitcoin / USD futures trading, this platform has managed to trade 73 BTC now, with the last recorded trade price reaching 9,787 US dollars per Bitcoin. The initial margin limit for Bakkt futures trading a few days before the platform launch, ICE ensured tentative margin requirements for the contract. The initial hedging requirements for daily and monthly futures contracts are $ 3,900, while the initial speculative requirements for both contracts are $ 4,290.Inter-month add-ons for monthly and daily futures contracts are between $ 400 and $ 1,000 for the hedge level and between $ 440 and $ 1,100 for the speculative rate. The purpose of the Bakkt LaunchBy establishing Bakkt, ICE intends to produce an integrated platform that allows consumers, traders and institutional clients to be able to buy, sell, place and spend digital relics on an "easy global network."Bakkt CEO Kelly Loeffler said the platform also provided "reliable and regulated infrastructure" aimed at urging "the adoption of new technologies supported by digital money and financial instruments."Respond to the Bakkt launch for Thomas Lee from Fundstrat Global Advisors related to the launch of the Bakkt platform, commenting that Bitcoin and cryptocurrency want to get a good reputation. Lee said, "I am very positive about Bakkt and its ability to increase the trust of institutions in crypto."
