CME Group (CME) to Launch Bitcoin Options in Q1 2020
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CME Group to Launch Bitcoin Options in Q1 2020
September 20, 2019 8:45 AM EDTCHICAGO, Sept. 20, 2019 /PRNewswire/ --Â CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch options on its Bitcoin futures contracts in Q1 2020, pending regulatory review.
"Based on increasing client demand and robust growth in our Bitcoin futures markets, we believe the launch of options will provide our clients with additional flexibility to trade and hedge their bitcoin price risk," said Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products. "These new products are designed to help institutions and professional traders to manage spot market bitcoin... More
