ICBIT Derivatives Market (USD/BTC futures trading) - LIVE

[Fireball]

June BTC/USD futures settled at $595 (total trading volume $1.5M).
And we just launched July futures today. Happy trading!

[Keyara]

Is there a guide on how to use the platform?

For instance, what is the bid price and what is the ask price? and what various contract represent?

[Fireball]

Is there a guide on how to use the platform?

For instance, what is the bid price and what is the ask price? and what various contract represent?

We'll do an official guide soon, and in the meanwhile you can read this: https://bitcointalk.org/index.php?topic=164255 and ask any questions here.

Update: Bitsurant.com published a nice guide called ICBIT Trading for Dummies.

[Fireball]

Good news everyone!
We just launched three new futures contracts - August, October and November. So that we now cover all months till year end!

Happy trading.

[Fireball]

July BTC/USD futures settled at $629 today.

August - December futures are available for trading: calendar spread, spot/futures arbitrage opportunities - welcome!

[picobit]

On the bottom of your main page, there are links to descriptions of most futures contracts, but BTCUSD-12.14 is missing.

[Fireball]

On the bottom of your main page, there are links to descriptions of most futures contracts, but BTCUSD-12.14 is missing.

Thanks, fixed!

[Fireball]

August BTC/USD bitcoin futures just settled at $496.

Four more futures for each remaining month of 2014 year are available.

Happy trading!

[Fireball]

In the end of 2014 we decided to make a shift from being an exchange only for "pro" traders to an exchange which is easier and more appealing to use. That resulted in a rebranding from icbit.se to orderbook.net along with a totally new React-based responsive website.

As part of this plan (and we have more features to come), we decided to launch weekly futures. The first one will be settled against Bitstamp, and later we shall see what short-term traders prefer more - Bitstamp or Bitfinex.

We have at least one liquidity provider who provides at least $100k worth of contracts on both sides during US business hours. More are welcome, there is always a place for liquidity providers.

As a promotion, this contract has no fees - neither trading, nor settlement. Absolutely free to trade, and there are no fees for depositing or withdrawing your bitcoins.

Reddit: http://redd.it/2ykhws

[Fireball]

March quarterly contract has just settled at $262. Next closest contract is the weekly, totally free-to-trade one.

https://orderbook.net/trade

Thanks for trading on our exchange!