Chicago Mercantile Exchange to launch options futures based on Bitcoin and Ethereum
The trading will begin on March 28, 2022, after regulatory approval
02.03.2022 - 10:05
364
1 min
0
What’s new? The Chicago Mercantile Exchange (CME) is launching micro futures options based on Bitcoin and Ethereum. The exchange says in a press release that trading will begin on March 28, 2022, following the regulators’ approval. Options, unlike conventional futures, give the holder the right, but do not oblige him, to buy or sell assets at a price specified in the contract in advance.
How does CME handle cryptocurrency? The exchange’s press release says:
“Building on the strength and liquidity of the underlying contracts, our micro-sized options will enable traders of all sizes to efficiently hedge market-moving events with greater precision and flexibility or fine-tune their cryptocurrency market exposure.”
Back in 2021, CME launched Micro Bitcoin futures (MBT) and Micro Ether futures (MET). Both contracts represent a tenth of an underlying asset. For the entire period of circulation of the tools, a total trading volume has exceeded 5,2 million contracts.
Useful material?
Telegram 
Twitter Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$97 708
BTC
+0.12%
-
Ethereum
$3 300.24
ETH
-1.78%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.42
XRP
+25.47%
-
Dogecoin
$0.397457
DOGE
+2%
-
Cardano
$0.896642
ADA
+12.79%
-
Bitcoin Cash
$476.55
BCH
-3.09%
-
Polkadot
$6.13
DOT
+4.06%
-
Stellar XLM
$0.292421
XLM
+20.49%
-
Litecoin
$88.83
LTC
-1.35%