CME Group, a leading derivatives marketplace, today announced Offering Cryptocurrency Derivatives Euro-denominated Bitcoin and Ether futures were introduced on Monday, August 29, pending regulatory review.
designed to fit them USD-denominated counterpartBitcoin Euro and Ether Euro futures contracts will be sized at 5 Bitcoin and 50 Ether per contract.
New contracts will be cash-settled based on the CME CF Bitcoin Euro Reference Rate and CME CF Ether Euro Reference Rate, which act as a once-a-day measure of the euro-denominated prices of BTC and ETH.
Year-to-date, the EMEA region accounted for 28% of all Bitcoin and Ether futures contracts traded, compared to 2021. increased by more than 5%.”
– Tim McCourt, Global Head of Equities and FX Products at CME Group
In Q2, CME Group’s cryptocurrency segment posted a record open interest averaging 106.2K contracts per day. This was the second highest quarter ever for his average daily trading volume (57.4K contracts) across cryptocurrency products. Similarly, Ether futures reached his average daily volume (6.6K contracts) in Q2, up 27% over Q1.
https://www.cryptoninjas.net/2022/08/04/cme-group-set-to-list-euro-denominated-bitcoin-btc-and-ether-eth-futures/ CME Group to List Euro-Denominated Bitcoin (BTC) and Ether (ETH) Futures » CryptoNinjas