CHICAGO, Feb. 14,
2023 /PRNewswire/ -- CME Group, the world's leading
derivatives marketplace, today announced it will expand its suite
of event contracts to include Bitcoin futures on
March 13, pending regulatory
review.
"Our new event contracts on Bitcoin futures provide
a highly transparent and less complex way for investors to access
cryptocurrency markets – with the added benefit of a
fully regulated platform," said Tim
McCourt, Global Head of Equity and FX Products at CME Group.
"These contracts, which track the daily price moves of our deeply
liquid benchmark Bitcoin futures, offer an innovative,
lower-cost way for investors to trade their views on the up or down
price moves of bitcoin."
CME Group offers event contracts on a growing number of its
benchmark futures markets, including gold, silver, copper, crude
oil, natural gas, E-mini S&P 500, E-mini Nasdaq-100, E-mini Dow
Jones Industrial Average, E-mini Russell 2000 and euro-U.S. dollar
foreign exchange futures. Valued up to $20 per contract, these daily options on futures
enable participants to know their maximum profit or loss when
entering a trade.
For more information on this product, please see:
www.cmegroup.com/eventcontracts.
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex platform, fixed
income trading via BrokerTec and foreign exchange trading on the
EBS platform. In addition, it operates one of the world's leading
central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe
LTD and EBS Group LTD, respectively. The S&P 500 Index is a
product of S&P Dow Jones Indices LLC ("S&P DJI").
"S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are
trademarks of Standard & Poor's Financial Services LLC; Dow
Jones®, DJIA® and Dow Jones Industrial Average are service and/or
trademarks of Dow Jones Trademark Holdings LLC. These trademarks
have been licensed for use by Chicago Mercantile Exchange Inc.
Futures contracts based on the S&P 500 Index are not sponsored,
endorsed, marketed, or promoted by S&P DJI, and S&P DJI
makes no representation regarding the advisability of investing in
such products. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group