CME to expand Bitcoin and Ether options expiries in May

2023-4-18 21:51

CME group says demand from clients has increased amid the heightened market volatility. The marketplace plans to expand expiries for its standard and micro-sized BTC and Ether options contracts. Approval would see the derivatives platform make the changes on 22 May, 2023.

Derivatives marketplace CME Group is seeking to expand its options expiries for Bitcoin and Ethereum, according to an announcement published today, 17 April 2023.

The platform, which says the plans are subject to regulatory approval, indicates that the plan is to have its suite of crypto options for BTC and ETH contracts expiries be available every business week day – Monday to Friday.

Currently, expiries for micro-sized options on the two crypto futures are available on Monday, Wednesday and Friday. The CME also offers monthly and quarterly expiries for BTC and ETH options on its futures contracts.

If approved, the company will look to have the new expiries available beginning 22 May.

Client demand for BTC and ETH products

Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products said the goal is to have market participants access options contracts that offer “greater precision and versatility” for managing short-term Bitcoin and Ethereum price risk.

“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,” Vicioso added.

CME Group has seen an increase in demand for Bitcoin and Ethereum futures and options. The top two assets by market cap are also the two best cryptocurrencies for crypto derivatives trading.

The bitcoin’s numbers in Q1, 2023 for CME achieved a notional of over $3 billion, a record in terms of daily average. The marketplace also saw a record BTC options contracts of 2,357 traded on 22 March 22. Open interest rose to an all-time high of 14,700 contracts on 31 March and could soar further amid a long-term bullish Bitcoin price prediction, particularly going into the next halving.

The all-time high for Ether options contracts was 311 on 22 February, while OI hit a record 1,800 contracts on 24 March.

The post CME to expand Bitcoin and Ether options expiries in May appeared first on CoinJournal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Cashme (CME) на Currencies.ru

$ 0 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: 0.00 %

Cегодня L: $0 - H: $0

Капитализация $0 Rank 99999

Доступно / Всего 0 CME

may cme options expiries ether expand approval

183 +

Источник: coinjournal.net

may cme → Результатов: 107

CME Bitcoin Futures Trading Volumes Keep Surging in May. What Drives Institutional Demand?

May is well-positioned to become the most successful month for CME Bitcoin futures

2019-5-23 14:40
may cme futures bitcoin well-positioned month successful

88 +

Report: Bitcoin (BTC) Futures Trading Approaching All-Time High in May

According to a new report published by The Block, the month of May is on pace to set a new all-time high in Bitcoin futures trading for the CME Group. In a note sent to... The post Report: Bitcoin (BTC) Futures Trading Approaching All-Time High in May appeared first on Ethereum World News.

2019-5-22 17:42	CME Group
high report may all-time bitcoin futures trading

145 +

May to Become Strongest Month for CME’s Bitcoin Futures Trading: Report

May will reportedly become the biggest month for CME’s bitcoin futures trading, with an average of 14,000 contracts

2019-5-22 15:53	Adoption
cme futures trading may bitcoin month average

129 +

Crypto Derivatives Witness Large Institutional Turnout

Bitcoin derivatives are shattering all-time highs for volume and number of open contracts across various platforms. CME, BitMex, and Deribit all smashed their previous month on month volume highs in May 2019 – and the month isn’t even over yet.

2019-5-22 13:52
month volume highs derivatives bitcoin institutional slowly

181 +

Wall Street Bitcoin Traders DGAF About Tether’s Massive Scandal

By CCN: Wall Street bitcoin traders clearly DGAF about the Tether/Bitfinex scandal. As crypto investment firm HASH CIB noted on Twitter, institutional traders were more bullish than ever last week, with no short positions taken on bitcoin in CME’s BTC futures market.

2019-5-16 19:28	Tether
bitcoin traders wall street dgaf scandal tether

185 +

Circle CEO: institutional market arrived in bitcoin as CME clears $1 billion in 1 day

On May 13, as the bitcoin price climbed from $7,000 to $7,700 within hours and the CME bitcoin futures market recorded a daily volume of over $1 billion. The CME Group tweeted: CME Bitcoin futures reached an all-time record high of 33.

2019-5-16 14:35	Price Watch
bitcoin cme billion market circle record futures

200 +

CME’s Bitcoin Futures Break Records With $1 Billion in Notional Volume

The world’s largest options and futures exchange, Chicago Mercantile Exchange & Chicago Board of Trade (CME Group) and its bitcoin futures contracts saw an all-time high on May 13. According to CME’s records, the exchange recorded 33,700 contracts on Monday which represented a notional value of around 168,000 BTC ($1.

2019-5-15 02:58
cme futures bitcoin notional exchange billion records

211 +

Bitcoin Jumps Above $8,000, Next target for “Serious Interest” is over $8,200

$8,200+ is the next target while near $6,400 is the high interest area BTC dominance the highest since Dec, 2017 Bitcoin futures contracts traded on CME reached an all-time record high May is proving to be the best month since the last bull market in 2017 as after smashing through $5k, $6k and then $7k, […]

2019-5-14 19:01	Bitcoin (BTC) Price
high 200 2017 interest bitcoin next month

155 +

Institutions Are Here: CME Bitcoin Futures Trade Record $1.3 Billion

The Grayscale Bitcoin Investment Trust (GBTC) was trading with an implied Bitcoin price of over $10,000 May 14 as investor interest peaked. GBTC At 30% Bitcoin Price Premium GBTC, which has made 24-hour gains of almost 20 percent, currently trades on the basis of a single bitcoin costing around $10,200 – a full $2300, or almost 30 percent, above average market rates.

2019-5-14 16:00
bitcoin gbtc price institutions percent almost record

219 +

Coinbase Closing Markets Office in Chicago

According to a report from Fortune on April 23, 2019, the U. S. -based cryptocurrency exchange Coinbase will shut down its Chicago office. Coinbase will scale back plans for a high-frequency trade matching engine in development there, software that automatically matches trade bids to complete trades at a higher rate.

2019-4-25 16:57	Investing
coinbase office exchange chicago company engineers trade

289 +

Bitcoin Price Plunges 11%: Factors Behind Sunday’s Big Crypto Market Dump

On February 24, the Bitcoin price plunged from $4,190 to $3,714 within minutes by 11. 3 percent against the U. S. dollar. While many traders were not taken aback by the sudden drop in the price of the dominant cryptocurrency, some were surprised by the magnitude of it in a short time frame.

2019-2-25 12:35	ethereum
bitcoin price market big cryptocurrency had futures

218 +

CME Group’s Bitcoin Futures See a Surge of Institutional Interest

The Chicago Mercantile Exchange (CME Group) has seen a big spike in bitcoin futures volumes according to an internal investors email sent to clients on Feb. 19. CME Group’s note explains that last Tuesday’s BTC-based futures volumes touched a new record with 18,338 contracts traded and the firm says increased volumes may be due to […] The post CME Group’s Bitcoin Futures See a Surge of Institutional Interest appeared first on Bitcoin News.

2019-2-22 22:18
cme bitcoin futures group volumes institutional surge

222 +

Federal Reserve Says 2018 Bear Market Was Caused By CME’s Bitcoin Futures Offering

While many people had glossed over this little-known statement released by the Federal Reserve earlier this year (in May), but according to the letter, the government body blamed the launch of Bitcoin futures markets on the Chicago Mercantile Exchange (CME) for adversely affecting the overall value of Bitcoin (as well as many other alt-assets available […]

2018-12-2 03:57	News
bitcoin futures many cme reserve federal mercantile

161 +

Bitcoin Falls 9% To Go Below $4,000 Again As CME Bitcoin Futures Expire

Many CME Bitcoin futures contracts are expiring today. Unfortunately, this may have caused some impact on the Bitcoin market as the token has fallen behind $4,000 USD again at the time of this report.

2018-12-2 22:05	News
bitcoin contracts futures cme again today expire

159 +

“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?

Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.

2018-11-17 01:42	Digital assets
bitcoin etf gold vaneck gurbacs market sec

724 +

Goldman Sachs Puts Plans for a Crypto Trading Desk on Backburner (Updated)

Update (September 7): Goldman Sach’s CFO Martin Chavez has since called reports of dropping the bitcoin trading desk “fake news. ” (The original Business Insider report quoted unnamed sources as the basis of the information.

2018-9-8 21:57	Investing
goldman bitcoin crypto trading desk digital markets

369 +

Goldman Sachs Puts Plans for a Crypto Trading Desk on Backburner

Goldman Sachs is struggling to find a way to trade bitcoin. The financial services giant has scratched its plans to open a desk for trading cryptocurrencies, at least for the near term, according to a Business Insider report on September 5, 2018.

2018-9-6 21:57	Investing
goldman crypto trading bitcoin assets digital desk

435 +

Top 6 Popular Cryptocurrency Futures Pairs to Pay Attention to

There is an increasing focus on futures trading pertaining to the various cryptocurrencies. Offerings by CME and CBOE primarily focus on Bitcoin, though an Ethereum-based vehicle may be introduced in the future.

2018-9-5 18:00	trading
futures focus introduced trading cryptocurrency uk-based firm

141 +

U.S. SEC Denies Nine More Bitcoin ETFs

The United States Securities and Exchange Commission (SEC) just put nine more bitcoin exchange traded funds (ETFs) on the chopping block. In three separate orders issued on August 22, 2018, the agency nixed the proposals and contingent rule changes for ETF filings submitted by ProShares, GraniteShares and Direxion.

2018-8-23 18:18	Regulation
bitcoin sec exchange etf futures market these

479 +

Goldman Sachs Could Have a Crypto Custody Service in the Works

One of the world’s largest investment banks may soon bring cryptocurrencies into its trillion-dollar investment fold. Goldman Sachs is allegedly devising a cryptocurrency custody service, individuals familiar with the matter told Bloomberg.

2018-8-7 20:57	Investing
services goldman investment cryptocurrency sachs offering custody

410 +

Exchanges Round-Up: CME Volume Doubles Q2, Lawyer Predicts SEC Delays ETF Until March

In recent news pertaining to cryptocurrency exchanges, Chicago Mercantile Exchange (CME) has revealed that trading volume on its bitcoin futures markets nearly doubled during Q2; lawyer Jake Chervinsky has predicted that the United States Securities and Exchange Commission (SEC) may postpone its determinations regarding Vaneck’s proposed bitcoin exchange-traded fund (ETF) until March 2019; and Bitmex […] The post Exchanges Round-Up: CME Volume Doubles Q2, Lawyer Predicts SEC Delays ETF Until March appeared first on Bitcoin News.

2018-7-27 06:45
etf sec until march exchanges lawyer bitcoin

341 +

SEC Puts Off Decision on 5 Bitcoin ETFs Till September 2018

The U. S. Securities and Exchange Commission (SEC) has postponed the review of Bitcoin ETFs proposed by investment firm Direxion Asset Management, as it needs more time to study the proposal before reaching a final decision.

2018-7-26 23:43	Investing
bitcoin sec direxion 2018 commission daily proposal

329 +

Lack of Bitcoin-Based ETFs Challenges Cryptocurrency Investment Markets

With the decision on whether a cryptocurrency-based exchange traded fund (ETF) will ever launch in the U. S still sitting firmly with the Securities and Exchange Commission (SEC), experts continue to speculate on the market and its potential.