Bitcoin fast listing has Goldman Sachs scrambling

 

The quick listings of Bitcoin futures by the CFTC and CME has Goldman Sachs scrambling to squeeze in yet another Forex product.    They have few traders that have too little experience with the products and now there is a demand from clients knocking on their door asking for executions.

Large clearing firms like Goldman need time to develop risk models and trading strategies.  It has caught them a bit flat-footed.