(Bloomberg) -- Bitcoin's surging price has driven private-investor demand for derivatives tracking the virtual currency. Trading in so-called participation notes has skyrocketed this year on Boerse Stuttgart GmbH, Europe's largest exchange for retail derivatives. The number of executed orders jumped 22-fold from 436 in January to almost 10,000 in December.
To contact the reporter on this story: Jan-Patrick Barnert in Frankfurt at jbarnert3@bloomberg.net.
To contact the editors responsible for this story: Erhard Krasny at ekrasny@bloomberg.net, Sheldon Reback, Angela Cullen
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