Derivatives marketplace CMEGroup will soon offer daily expirations on bitcoin and either futures options contracts. HeleneBraunn reports
Effective May 22, bitcoin and ether futures options will have expirations Monday through Friday, as will contracts based on micro-sized bitcoin and ether futures .
“Against a backdrop of heightened market volatility in the digital asset sector, we continue to see clients turn to a trusted, regulated venue like CME Group for reliable and efficient cryptocurrency risk management products," said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. CME’s bitcoin and ether futures and options complex saw a record daily average notional volume of more than $3 billion in the first quarter of 2023, the firm said. The company
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