{"id":63309,"date":"2022-03-31T09:01:04","date_gmt":"2022-03-31T09:01:04","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=63309"},"modified":"2022-03-31T09:01:04","modified_gmt":"2022-03-31T09:01:04","slug":"leading-derivatives-exchange-cme-group-launches-micro-bitcoin-and-ether-options","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=63309","title":{"rendered":"Leading Derivatives Exchange CME Group Launches Micro Bitcoin and Ether Options"},"content":{"rendered":"

\"Leading<\/p>\n

CME Group, one of the world\u2019s largest derivatives marketplaces, has launched micro-sized bitcoin and ether options. \u201cThe launch of these micro-sized options builds on the significant growth and liquidity we have seen in our micro bitcoin and micro ether futures,\u201d said a CME executive.<\/strong>\n<\/p>\n

CME Now Offers Micro Bitcoin, Ether Options<\/h2>\n

\n
\nCME Group announced Monday that it is now offering options on micro bitcoin and micro ether futures. CME\u2019s Micro Bitcoin futures (MBT) is 1\/10 the size of one bitcoin (BTC<\/a>) and Micro Ether futures (MET) is similarly sized at 1\/10 of one ether (ETH<\/a>).<\/p>\n

Tim McCourt, CME Group\u2019s global head of equity and FX products, commented:\n<\/p>\n

\n

The launch of these micro-sized options builds on the significant growth and liquidity we have seen in our micro bitcoin and micro ether futures.<\/p>\n<\/blockquote>\n

\n
\n\u201cSized at one-tenth of their respective underlying tokens in size, these contracts will offer a wide range of market participants \u2014 from institutions to sophisticated, active, individual traders \u2014 greater flexibility and precision to manage their exposure to the top two cryptocurrencies by market capitalization,\u201d he detailed.<\/p>\n

Galaxy Digital Holdings\u2019 managing director and global co-head of trading, Robert Bogucki, said his company \u201cis excited to act as a liquidity provider for these options and other CME Group cryptocurrency products.\u201d The executive described:\n<\/p>\n

\n

The smaller contract sizes will give investors and traders greater flexibility in managing their exposure to the two biggest cryptocurrencies in the world, opening the market up to new participants.<\/p>\n<\/blockquote>\n

\n
\nCME launched bitcoin futures in October 2017, followed by bitcoin options in November 2019. The platform launched ether futures<\/a> in February 2021. The group then launched micro bitcoin futures in May last year and micro ether futures<\/a> in December.<\/p>\n

What do you think about CME Group launching micro-sized bitcoin and ether options? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

CME Group, one of the world\u2019s largest derivatives marketplaces, has launched micro-sized bitcoin and ether options. \u201cThe launch of these micro-sized options builds on the significant growth and liquidity we have seen in our micro bitcoin and micro ether futures,\u201d said a CME executive. CME Now Offers Micro Bitcoin, Ether Options CME Group announced Monday […]<\/p>\n","protected":false},"author":2,"featured_media":63310,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-63309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/63309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63309"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/63309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/63310"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}