CME Group to Launch Event Contracts on Bitcoin Futures on March 13
February 14, 2023 - CME Group today announced it will expand its suite of event contracts to include Bitcoin futures on March 13, pending regulatory review.
"Our new event contracts on Bitcoin futures provide a highly 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 FX Products at CME Group. "These contracts, which track the daily price moves of our deeply liquid benchmark Bitcoin futures, offer an innovative, lower-cost way for investors to trade their views on the up or down price moves of 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-U.S. dollar foreign exchange 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.
Further information about CME event contracts can be seen here.
LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.
If you would like to contribute to our website or wish to contact us, please click here or you can email us directly at email@example.com.