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According to Jeffrey Spratcher, founder of the world’s largest intercontinental exchange market operator Intercontinental Exchange (ICE), the company is still considering the possibility of launching futures contracts for crypto-currencies, as the CBOE and CME competitors have already done.

 

“There is a trend that, I believe, should not be ignored,” Spratcher said during an interview on Bloomberg TV. “People trust a guy named Satoshi Nakamoto, who has never been met, more than the US Federal Reserve”

 

He also added that people feel more comfortable with technology than with governmental and public organizations.

 

Intercontinental Exchange is based in Atlanta and is the owner of the New York Stock Exchange (NYSE), which it acquired in 2013, as well as a number of other exchanges and payment platforms around the world. At the same time, the ICE is playing an increasingly important role in the financial data space: in 2016, 44% of the company’s net revenues came from sales of such data and associated commissions.

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Though the crypto market is still relatively new and lacks many of the traditional institutions of a civilized market, there are projects on the market that seek to indemnify or mitigate the associated risks that investors take when deciding to invest in projects. Cryptics is one such project that seeks to offer the necessary instruments for alleviating the situation with uncertainty. The concept behind it is to support market participants by providing liquidity on exchanges and a safety cushion for retail investors by creating a platform that connects market players and develops algorithms to predict changes in the value of cryptocurrencies. Such instruments based on highly advanced scoring models involving machine learning and AI are incomparable with human intuition that even the luckiest and most prudent investors could ever be endowed with. The multitude of factors involved in predicting a cryptocurrency’s rise or fall are all taken into account by the algorithms that Cryptics employs. Investors should consult such projects as the expense is well worth the ensured profit and peace of mind.

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