Developing derivative investment products for financial assets CME Groupannounced today that they want to offer new options to crypto investors. According to the first quarter of 2023 data, CME reached a daily transaction value of 3 billion dollars.
Derivatives provider, micro bitcoin And Ethereum plans to continue the decision process of the contracts every weekday. Currently, only monthly and quarterly periods are offered to investors for futures contracts.
Citing market volatility, Giovanni Vicioso, head of crypto product development at CME Group, said:
“The volatility in the cryptocurrency markets can put customers in a difficult position. As a result of our new improvement, investors will have the opportunity to make more sensitive decisions against short-term risks.”
derivative product developer, crypto- plans to commission the improvement it has made for its vehicles on May 22, 2023.
What is a Futures Contract?
Futures contracts, which investors often hear about, are just one of the derivatives market products. forward contracts; means the purchase of a good or service at a certain time and at a predetermined price. At the end of the contract, if the market value is higher than the value purchased by the investor, a profitable transaction is realized.
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