Bitcoin futures trading grew by 41 percent in q3 2018 says cme group the chicago mercantile exchange cme group says its bitcoin futures contract trading grew by 41 percent in the third quarter. Four days later cme broke records again. On may 14 cme group saw the total number of outstanding derivatives contracts open interest touch a high of 142 million.
Since the market rout on march 12 otherwise known as black thursday bitcoin futures and options contracts have seen significant demand. Cme options on bitcoin futures will fall into cme s base futures options guaranty fund as any newly listed contract. Bitcoin options will be listed on and subject to the rules of cme.
Cme group is the only derivatives marketplace where customers can hedge or trade benchmark options on futures across every investable asset class with average daily options volume of 4 3 million contracts in 2019 to date. It was revealed through its official twitter handle mentioning that it provides better capital efficiencies and another means of managing bitcoin exposure. However the platform announced the opening of its options market for investors and traders.
Glenn nasta cme group announced its plans to launch bitcoin options on futures four months ago. The exchange expects strong demand for its latest. The chicago mercantile exchange cme plans to launch bitcoin options in early 2020 to meet the demand for new regulated bitcoin derivatives.
Bitcoin options will be listed on and subject to the rules of cme. Cme group is the only derivatives marketplace where customers can hedge or trade benchmark options on futures across every investable asset class with average daily options volume of 4 3 million contracts in 2019 to date. As you know the cme bitcoin futures contract represents five bitcoin and cash settles to the cme cf bitcoin reference rate brr.
The underlying for cme options on bitcoin futures is one cme bitcoin futures contract. In response to customer demand for additional bitcoin trading tools cme group is listing options on bitcoin futures. Cme bitcoin futures provide an efficient tool to access bitcoin exposure and manage risk.
All market data contained within the cme group website should be considered as a reference only and should not be used as validation against nor as a complement to real time market data feeds.
Bitcoin options cme group. In response to growing interest in cryptocurrencies and customer demand for tools to manage bitcoin exposure cme options on bitcoin futures btc are now trading. The value of options on bitcoin futures is based on the regulated cme cf bitcoin reference rate brr and settles into actively traded bitcoin futures. Read the faq on our bitcoin options. Market data is delayed by at least 10 minutes.
Market data is delayed by at least 10 minutes. Read the faq on our bitcoin options. The value of options on bitcoin futures is based on the regulated cme cf bitcoin reference rate brr and settles into actively traded bitcoin futures.
In response to growing interest in cryptocurrencies and customer demand for tools to manage bitcoin exposure cme options on bitcoin futures btc are now trading.
