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Exchange chief accuses derivatives lobby of ‘cheap shot’ over bitcoin futures

Head of the Futures Industry Association suggested last week that bitcoin futures were coming to market too fast

Monday, 11 December 2017 at 13:37

Exchange chief accuses derivatives lobby of ‘cheap shot’ over bitcoin futures
Photo: Getty Images

The chairman and chief executive of Cboe Global Markets has accused an influential derivatives lobby of aiming a "cheap shot" ahead of the launch of bitcoin futures, which began trading on the exchange on Sunday.

Edward Tilly told Financial News that comments last week from the Futures Industry Association's CEO Walt Lukken, who suggested that bitcoin futures had come to market too quickly, were "irresponsible".