Chicago Merchantile Exchange (CME), one of the world’s leading derivatives markets, announced that it will expand its futures event contracts to include Bitcoin (BTC) futures.
CME announced in a February 14 press release that futures activity contracts March 13 on Bitcoin futures products also will contain announced that it would expand The product has not yet pending regulatory review was also included in the information given in the statement.
Head of Global Equity and Foreign Exchange Products at CME Tim Court, He used the following statements on the subject:
Our new event contracts for bitcoin futures provide a highly transparent and less complex way for investors to access the cryptocurrency markets. It also offers the opportunity for investors to invest on a fully regulated platform. In this product, which monitors the daily price movements of our highly liquid Bitcoin futures products, investors have the opportunity to make more innovative and low-cost transactions in order to perform their swaps for up and down price expectations.
Experts say that the product, Bitcoin futures products end of day closing for prices assess your expectations He said he would serve on his behalf. According to the information on CME’s official website, investors are willing to use any asset in their event contracts. end of day closing price between the closing price of the asset and its forecasts. by difference will receive the returns of their positions.