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CME Group launching choices on Micro Bitcoin and Micro Ether futures » CryptoNinjas


CME Group, a number one derivatives market, at present introduced its plans to launch choices on Micro Bitcoin and Micro Ether futures on March twenty eighth. The brand new Micro Bitcoin and Micro Ether choices contracts shall be one-tenth of their respective underlying tokens in measurement and can provide extra methods to handle publicity to the highest two cryptocurrencies by market capitalization.

These contracts will complement CME’s current Bitcoin choices contracts, sized at 5 (5) bitcoin. Moreover, they may permit shoppers to precise lengthy or short-term views with a alternative of month-to-month in addition to Monday, Wednesday, and Friday weekly choices expiries.

“At lower than a yr previous, practically 5.2 million mixed Micro Bitcoin and Micro Ether futures contracts have modified palms. Constructing on the energy and liquidity of the underlying contracts, our micro-sized choices will allow merchants of all sizes to effectively hedge market-moving occasions with better precision and suppleness or fine-tune their cryptocurrency market publicity.”
– Tim McCourt, World Head of Fairness and FX Merchandise, CME Group

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