CME Group Launches Event Contracts on Bitcoin Futures March 13
CHICAGO, 14 February 2023 /PRNewswire/ — CME Group, the world’s leading derivatives market, today announced that it will expand its suite of arrangement contracts to include Bitcoin futures on 13 Marchpending regulatory review.
“Our new arrangement is contracting Bitcoin futures provide a very transparent and less complex way for investors to access cryptocurrency markets – with the added benefit of a fully regulated platform,” said Tim McCourt, Global Head of Equity and Currency Products at CME Group. “These contracts, which track the daily price movements of our deeply liquid benchmark Bitcoin futures, offer an innovative, less expensive way for investors to trade their views on up or down price movements bitcoin.”
CME Group offers event contracts on a growing number of its benchmark futures markets, including gold, silver, copper, crude oil, natural gas, E-mini S&P 500, E-mini Nasdaq-100, E-mini Dow Jones Industrial Average, E-mini Russell 2000 and Euro-US dollar currency futures. Valued up to $20 per contract, these daily options on futures enable participants to know their maximum profit or loss when entering a trade.
For more information on this product, see: www.cmegroup.com/eventcontracts.
As the world’s leading derivatives market, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios and analyze data – empowering market participants worldwide to effectively manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on fixed income, equity indices, currencies, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, interest rate trading via BrokerTec and currency trading on the EBS platform. In addition, it operates one of the world’s leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the The city of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. The S&P 500 Index is a product of S&P Dow Jones Indices LLC (“S&P DJI”). “S&P®”, “S&P 500®”, “SPY®”, “SPX®”, US 500 and The 500 are trademarks of Standard & Poor’s Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks are licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 index are not sponsored, endorsed, marketed or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks belong to their respective owners.
CME-G
SOURCE CME Group
