BGC Financial L.P. has executed the first ever block trade of Micro Bitcoin options offered by CME Group via its Sunrise brand.
Micro Bitcoin futures
CME Group launches options on Micro Bitcoin and Micro Ether futures, expanding its suite of cryptocurrency derivatives offerings.
CME Group will launch two new dedicated cryptocurrency market data channels on CME Globex.
CME Group announces that more than 1 billion Micro futures and options contracts have been traded to date.
CME reports that Micro Bitcoin futures volume surpassed 100,000 contracts in the new contract’s first six days of trading.
CME Micro Bitcoin futures are cash-settled, based on the CME CF Bitcoin Reference Rate, a reference rate of the USD price of bitcoin.
CME Group will expand its suite of crypto derivatives with the introduction of a new Micro Bitcoin futures contract.