The long-awaited launch of the Stock Exchange stock exchange, yesterday began with the fact that the website was disconnected from the network as a result of the surge traffic. The first contracts were offered at 18.00 EST on Sunday, and
an unprecedented demand overwhelmed the exchange.

CBOE Tweeted updated the status, which says: "Because of the large
traffic on our site visitors to cboe.com can find that
It runs slower than usual, and sometimes it can be temporary
not available. All trading systems work fine. "
The "break" of the site coincided with a sharp increase in the cost of bitcoins during the launch. According to the CoinDesk (BPI) bitcoin price index, it rose from $ 14,509 at 22:59 UTC to $ 15,732 in seven minutes, and later another 8.4% in a few minutes. As soon as the initial rush ceased, the CBOE website returned to the network, and contracts began to be sold.
Disappointed customers performed on social networks, here is one of
Tweets: "Pretty miserable launch of the future at CBOE, it seems that the site
crashed, "and another added:" The CBOE site eight minutes after
launch Bitcoin ». It often happens that organizations do not anticipate the level of traffic on their servers and do not set additional bandwidth. In recent weeks, large exchanges, such as Coinbase, have been disconnected due to high traffic levels. According to the CBOE website, the XBT / F8 contract, which expires next month,
sold 2540. The price determination is also explained on their web-
site: "The process of calculating unit prices gives participants the opportunity to
To use XBT futures to hedge their exposure in the underlying
bitcoins or gaining influence on stock prices for bitcoins, not
holding the bitcoin. "The first large regulated US exchange now uses bitcoin futures, and will follow this when the CME Group starts its own contracts on December 18. Others are likely to develop their own proposals if they are successful. Heads of companies hope that CBOE will be able to launch other products focused on crypto-currencies that can include exchange funds.
There were many critical attitudes in comparison with Bitcoin, the main
image of Wall Street bankers who consider this a threat to their
a business model that largely revolves around controlling the finances of other people.
Investors seem unperturbed at a time when "bitkoyn-behemoth"
rebounded from its 25% decline in the weekend to return to the level of $ 16,800.