Chicago Mercantile Exchange will launch Ethereum derivatives trading
It refers to micro futures, which will start trading on December 6
03.11.2021 - 08:30
82
1 min
0
What's new? According to the Chicago Mercantile Exchange’s (CME) press release, the site will launch a new trading tool namely Ethereum based micro futures, starting December 6.
What is known about derivatives? Each contract in micro futures will be 10% of 1 ETH. In this case, the contracts will be settled, without the delivery of the asset. According to Tim McCourt, the CME Group’s managing director, the new tool will make the cryptocurrency market more accessible to all participants. The demand for micro contracts is associated with the increased price of standard Ethereum futures.
It is assumed that classic futures will continue to be in demand among institutional investors, and micro futures will attract private investors with small deposits.
Useful material?
Telegram 
Twitter Basics
Why Satoshi Nakamoto’s technical manifesto for a decentralized money system matters
Oct 31, 2022
Basics
How to track fluctuations correctly and create an effective income strategy
Sep 13, 2022
Basics
Review of the most profitable offers from proven trading platforms
Aug 29, 2022
Basics
The Ethereum Foundation team has published a breakdown of major misconceptions about the upcoming network upgrade
Aug 18, 2022
Basics
Let's take a look at the varieties of this new form of management and its earning potential
Aug 1, 2022
Basics
How to invest only in reliable projects and not to fall for fraudsters' tricks
Jul 15, 2022
Cryptocurrency rates
-
Bitcoin
$23 190
BTC
-1.23%
-
Ethereum
$1 653.83
ETH
-1.63%
-
Ripple
$0.4
XRP
-2.02%
-
Cardano
$0.39
ADA
-2.6%
-
Dogecoin
$0.09
DOGE
-2.07%
-
Polkadot
$6.69
DOT
-4.17%
-
Litecoin
$97.34
LTC
-2.48%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$170.68
XMR
-1.71%
-
Bitcoin-cash
$135.27
BCH
-2.14%