CHICAGO, March 13, 2023 /PRNewswire/ — CME Group, the world’s leading derivatives market, today announced the first day of trading for event contracts Bitcoin futures
“Our new event contracts are running Bitcoin Futures offer a risk-limited and highly transparent way to access the futures for a wide range of investors Bitcoin market via a fully regulated exchange,” said Tim McCourt, Global Head of Equity and FX Products at CME Group. “These cash-settled, daily expiring contracts will further complement our existing suite of 10 event contracts tied to our benchmark futures markets, which have traded more than 550,000 contracts to date. In addition, these new contracts offer an innovative, cheaper offer. A cost-effective way for investors to exchange their views on rising or falling 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 Forward Exchange Contracts. Rated up to $20 These daily options on futures per contract allow participants to know their maximum profit or loss when entering a trade.
CME Group Event Contracts are listed with and governed by the CME Rules. For more information on this product, visit: www.cmegroup.com/eventcontracts.
As the world’s leading derivatives marketplace, CME Group (www.cmegroup.com) enables its clients to trade futures, options, spot and over-the-counter markets, optimize portfolios and analyze data – enabling market participants worldwide to efficiently manage risks and seize opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, based on interest rates, equity indices, FX, energy, agriculturals and metals. The Company offers futures and options on futures trading through the CME Globex® platform, fixed income trading through BrokerTec and forex trading on the EBS platform. In addition, the company operates one of the world’s leading clearing providers for central counterparties, 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 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 marks and/or trademarks of Dow Jones Trademark Holdings LLC. These marks are licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, promoted or promoted by S&P DJI, and S&P DJI makes no representation as to the advisability of investing in such products. All other trademarks are property of their respective owners.
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SOURCE CME Group
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