it had discussions with the exchanges to protect consumers from extreme price swings. The new contract will be cash-settled, based on the. CME Group provides electronic trading globally on its CME Globex platform. . The BRR is designed around the iosco Principles for Financial Benchmarks. The brti is published in real time and is suitable for marking portfolios, executing intra-day bitcoin transactions and risk management. "CME is a little better known for futures so there may have been a comfort there said Tom Lehrkinder, senior analyst at consulting firm Tabb Group. That CME is going forward with bitcoin futures trading is a big boost for bitcoin at a time of global uncertainty led by crackdowns in Russia, China and Vietnam.
All other trademarks are the property of their respective owners. One bitcoin was worth just a fraction of a penny when it started trading in 2010, and by the start of this year was worth 1,000. Cboe's bitcoin futures contract had a relatively smooth first week of trading, although volume was on the light side. For bitcoin, this would mean that someone could buy a futures contract on bitcoin that would allow for the purchase or sale of the cryptocurrency at a set price per bitcoin. The how to generate new bitcoin address CME said about 1,049 contracts for January the equivalent of 5,245 bitcoins had traded versus Cboe's roughly 3,860 contracts representing one bitcoin each. Dollar price of one bitcoin as of 4:00.m.