CME Group expands its Bitcoin, Ethereum derivatives product suite

2023-4-18 19:29

CME Group is set to expand its Bitcoin and Ethereum product lineup from May 22 – subject to regulatory approval.

The world’s largest derivatives exchange said its new offerings would introduce shorter-term cryptocurrency options.

Currently, CME Group offers standard and micro BTC and ETH contracts. With the additional product offering, ten new weekly options will be available – representing contracts expiring Monday through Friday for both cryptocurrencies.

Similarly, four additional micro contracts for BTC and ETH will be offered for Tuesday and Thursday expiry.

Bitcoin and Ethereum activity on CME Group spikes

CME Group’s Global Head of Cryptocurrency Products, Giovanni Vicioso, said the new contracts give traders “greater precision and versatility in managing short-term bitcoin and ether price risk.”

The company said its Q1 2023 average Bitcoin and Ethereum notional daily volume exceeded $3 billion – denoting an uptick in demand for its cryptocurrency derivatives products.

Bitcoin futures and options average daily volume exceeded 11,500 contracts during the period. At the same time, open interest (OI) averaged 24,094 contracts – a new record.

The story was much the same with Ethereum products, having hit a record 311 options contracts traded on Feb. 22, with OI peaking at 1,800 contracts on March 24.

The post CME Group expands its Bitcoin, Ethereum derivatives product suite appeared first on CryptoSlate.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Trident Group (TRDT) на Currencies.ru

$ 0.0132492 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 42.85 %
Cегодня L: $0.0132492 - H: $0.0132492
Капитализация $16.072k Rank 99999
Доступно / Всего 1.213m TRDT

product cme ethereum derivatives group bitcoin exchange

Источник: cryptoslate.com

product cme → Результатов: 46


Фото:

CME’s BTC Options Grow by Record Volume After Bitcoin Halving

Bitcoin’s now-concluded halving event, which several in the industry cited as a price catalyst, seems to have revived institutional interest in a hyped, but overlooked trading product.   Bitcoin Halving Spurs Options Interest As reported by The Block on May 17, Bitcoin options at the Chicago Mercantile Group (CME) have surged since last week, coinciding withRead MoreRead More.

2020-5-19 19:00


Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Brazil just moved a crypto ETF into market plumbing Wall Street still wants opened

B3 registered the first guaranteed OTC flexible option tied to Hashdex's crypto-index ETF, HASH11, in a trade between Inter and XP. B3's clearinghouse served as the central counterparty in the trade, placing a crypto ETF-linked exposure inside the same back-office machinery that handles counterparty risk, margining, clearing, and settlement.