EBS UK MTF, NEX SEF to launch Bitcoin/US Dollar NDFs on CME Globex
Effective Sunday, May 7 (trade date Monday, May 8), subject to regulatory approval, the EBS UK MTF and NEX SEF will launch for trading Bitcoin/US Dollar Non-Deliverable Forwards (NDFs) on CME Globex.
The Bitcoin/US Dollar NDFs will feature the following new Access Groups:
- ON SEF/ON MTF CRYPTO NDFs;
- OFF SEF/ON MTF CRYPTO NDFs.
Customers that would like to trade this product and have not already discussed this with EBS can contact their CME EBS Account Executive to discuss onboarding requirements.
These products will be available for customer testing in New Release on Monday, March 27.
CME has been regularly expanding its lineup of Bitcoin trading products. On March 13, 2023, CME Group announced the first day of trading of event contracts on Bitcoin futures. The list of Bitcoin instruments also includes Bitcoin Euro futures.
