CME Group's Bitcoin Friday Futures Will Launch on September 30 - Coincu
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LIVE UPDATES • CME Group’s Bitcoin Friday Futures Will Launch on September 30 • Nasdaq Bitcoin Index Options Seeks SEC Approval to Launch • DeFi Protocol Maker Rebrands to Sky, New Tokens Available on September 18 • MapleStory Universe Unveils Nexpace Protocol Today • Sharpe AI Airdrop Checker Debuts Today with 500 SAI Base Allocation • Telegram CEO Pavel Durov’s Arrest Draws Vitalik’s Concern Over Western Bias • Binance Executive Tigran “Can’t Walk” After 6 Months of Nigerian Detention • SUPRA.com To Put On Key Event At Korea Blockchain Week • Mobile Uses of Cryptocurrency: The Rise of Bitcoin • French President Says Pavel Durov’s arrest Not Politically Motivated
News CME Group’s Bitcoin Friday Futures Will Launch on September 30 1 min - Around 2 mins mins to read
Key Points:
CME Group is launching Bitcoin Friday futures (BFF), priced at one-fiftieth of a Bitcoin, to appeal to retail investors.
The weekly contracts will be cash-settled based on the CME CF Bitcoin Reference Rate New York Variant (BRRNY) and will be listed every Thursday.
CME Group is launching a new Bitcoin futures contract that would make cryptocurrency trading more accessible to retail investors.
Read more: Nasdaq Bitcoin Index Options Seeks SEC Approval to Launch
CME Group Launches Bitcoin Friday Futures for Retail Investors
The new product, named Bitcoin Friday futures (BFF), is to debut on Sept. 30, subject to regulatory approvals.
That will greatly reduce the entry barrier, given that the new operations will offer products with a price value of one-fiftieth of a Bitcoin. The BFF contracts will be cash-settled based on the CME CF Bitcoin Reference Rate New York Variant (BRRNY), with settlements occurring at 4:00 p.m. New York time every Friday.
New Bitcoin Futures Designed to Align with Spot Price
Bitcoin Friday futures will be listed every Thursday at 6 p.m. New York time, investors can trade on the two nearest Fridays. The weekly expiry is meant to better align the futures contracts with the price of Bitcoin, which fluctuates widely around the clock.
The purpose of putting in place the Bitcoin Friday futures is such that retail investments can now access a much more friendly and cost-saving way to embrace Bitcoin futures that will not see the weekend price impacts drag them.
The BFF is such that it’s going to give investors a very efficient, dynamic, and productive investment regime that both the experienced and the new investors can find useful. Bitcoin is currently trading at $62,000.
Bitcoin Bitcoin Friday Futures Bitcoin futures BTC CME
Author Harold
With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
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CME Group’s Bitcoin Friday Futures Will Launch on September 30
Key Points:
CME Group is launching Bitcoin Friday futures (BFF), priced at one-fiftieth of a Bitcoin, to appeal to retail investors.
The weekly contracts will be cash-settled based on the CME CF Bitcoin Reference Rate New York Variant (BRRNY) and will be listed every Thursday.
CME Group is launching a new Bitcoin futures contract that would make cryptocurrency trading more accessible to retail investors.
Read more: Nasdaq Bitcoin Index Options Seeks SEC Approval to Launch
CME Group Launches Bitcoin Friday Futures for Retail Investors
The new product, named Bitcoin Friday futures (BFF), is to debut on Sept. 30, subject to regulatory approvals.
That will greatly reduce the entry barrier, given that the new operations will offer products with a price value of one-fiftieth of a Bitcoin. The BFF contracts will be cash-settled based on the CME CF Bitcoin Reference Rate New York Variant (BRRNY), with settlements occurring at 4:00 p.m. New York time every Friday.
New Bitcoin Futures Designed to Align with Spot Price
Bitcoin Friday futures will be listed every Thursday at 6 p.m. New York time, investors can trade on the two nearest Fridays. The weekly expiry is meant to better align the futures contracts with the price of Bitcoin, which fluctuates widely around the clock.
The purpose of putting in place the Bitcoin Friday futures is such that retail investments can now access a much more friendly and cost-saving way to embrace Bitcoin futures that will not see the weekend price impacts drag them.
The BFF is such that it’s going to give investors a very efficient, dynamic, and productive investment regime that both the experienced and the new investors can find useful. Bitcoin is currently trading at $62,000.
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Key Points:
CME Group is launching Bitcoin Friday futures (BFF), priced at one-fiftieth of a Bitcoin, to appeal to retail investors.
The weekly contracts will be cash-settled based on the CME CF Bitcoin Reference Rate New York Variant (BRRNY) and will be listed every Thursday.
CME Group is launching a new Bitcoin futures contract that would make cryptocurrency trading more accessible to retail investors.
Read more: Nasdaq Bitcoin Index Options Seeks SEC Approval to Launch
CME Group Launches Bitcoin Friday Futures for Retail Investors
The new product, named Bitcoin Friday futures (BFF), is to debut on Sept. 30, subject to regulatory approvals.
That will greatly reduce the entry barrier, given that the new operations will offer products with a price value of one-fiftieth of a Bitcoin. The BFF contracts will be cash-settled based on the CME CF Bitcoin Reference Rate New York Variant (BRRNY), with settlements occurring at 4:00 p.m. New York time every Friday.
New Bitcoin Futures Designed to Align with Spot Price
Bitcoin Friday futures will be listed every Thursday at 6 p.m. New York time, investors can trade on the two nearest Fridays. The weekly expiry is meant to better align the futures contracts with the price of Bitcoin, which fluctuates widely around the clock.
The purpose of putting in place the Bitcoin Friday futures is such that retail investments can now access a much more friendly and cost-saving way to embrace Bitcoin futures that will not see the weekend price impacts drag them.
The BFF is such that it’s going to give investors a very efficient, dynamic, and productive investment regime that both the experienced and the new investors can find useful. Bitcoin is currently trading at $62,000.
Visited 1 times, 1 visit(s) today