Micro Ether Futures now live on CME Group to hedge price price of spot ETH

2021-12-8 07:30

Chicago Mercantile Exchange (CME) Group has expanded its crypto derivatives offerings by launching Micro Ether Futures. The number one and most diverse marketplace for derivatives has now launched two micro cryptocurrency products in this year alone.

CME launches micro Ether futures

According to the global head of Equity Index and Alternative Investment Products, Tim McCourt, the Micro Ether launch shows the growth and liquidity of cryptocurrency futures and options.

Micro Ether units will be one-tenth (0.1) of the Ether, and this futures product allows several market participants to hedge the price risk of their spot Ether.

It also provides a more flexible way to execute trading strategies for Ether without losing the features of the larger-sized Ether Futures on CME.

Other key stakeholders have also expressed how Micro Ether futures falls within the CME Group goal of offering the best trading options for users. According to the Executive Vice President of Marketing and Product Development at Interactive Brokers, Steven Sanders, the wide range of futures products on the CME Group gives active traders and institutional investors the chance to take advantage of market opportunities with less exposure to risks across markets.

The Micro Ether futures product further shows CME Group’s status as an innovator and market leader. The Group offers the most diverse categories of assets derivatives for clients. It enables clients to trade options, future, OTC, and cash while allowing them to optimize their portfolios and analyze data.

Ethereum’s price still trading sideways

While the announcement is over 24 hours old, the value of Ethereum and other digital assets have not reacted positively to the news as the market keeps trading sideways.

According to Ethereum data on CryptoSlate, Ethereum has seen its value rise by close to 4% in the last 24 hours. However, within the last seven days, ETH’s value dropped to as low as $3700 —during this period, the wider crypto market also experienced a massive drop in price.

The post Micro Ether Futures now live on CME Group to hedge price price of spot ETH appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

$ 467.1 (+0.48%)
Объем 24H $0
Изменеия 24h: 0.85 %, 7d: 17.53 %
Cегодня L: $453.49 - H: $467.1
Капитализация $0 Rank 3676
Доступно / Всего 0 LINKETHPA

price cme group ether futures micro spot

Источник: cryptoslate.com

price cme → Результатов: 126


Institutions Making Large Bitcoin Purchases and Driving the Price Up as CME Futures Premium Surges to April Level

Bitcoin is comfortably trading around $54,000 after breaking above $50k earlier this week. According to Glassnode, more than 93. 5% of circulating BTC are currently in profit at this price. Interestingly it’s not just retail and the cryptocurrency industry that is getting excited about Bitcoin yet again.

2021-10-7 15:48


JPMorgan says Institutional Investors Have Shown A ‘Strong Preference’ for Ethereum Over Bitcoin Since August

The banking giant deduced this based on CME data that shows Bitcoin's future in backwardation, which it sees as “weak demand” while in actuality has been a precursor of bullish price action. The post JPMorgan says Institutional Investors Have Shown A ‘Strong Preference’ for Ethereum Over Bitcoin Since August first appeared on BitcoinExchangeGuide.

2021-9-24 15:30


Bitcoin Futures Bull Div Could Offer Crystal Ball Into Next Leg Up

The Chicago Mercantile Exchange more commonly referred to as CME, offers the de-facto futures contracts for Bitcoin since the end of the last bull market. But could the forward-looking price action also offer a potential glimpse into the future of what’s to come? If this crystal ball works, the last leg up could be about to begin, and it could start with a simple bullish divergence.

2021-9-24 20:45


“Innovative New Products” like Bitcoin Mini-Futures Leads to an Increase in CME Profits

Chicago Mercantile Exchange Group (CME), a popular regulated futures platform used by institutions, reported an increase in its second-quarter profit spurred by innovative products like micro futures of Bitcoin and oil that attracted the retail investors along with a drop in expenses and a rise in hedging against price moves.

2021-7-30 21:45


BTC Tumbles Back Under $48k, Twitter CEO says No Single Person or Institution can Change or Stop Bitcoin

Amidst this ongoing choppy price action, not much has changed in the CME Bitcoin futures market, while Dan Morehead of Pantera Capital sees price reaching $115,000 by August. The post BTC Tumbles Back Under k, Twitter CEO says No Single Person or Institution can Change or Stop Bitcoin first appeared on BitcoinExchangeGuide.

2021-5-15 15:52


Фото:

Трейдер рассказал, какие уровни ждут биткоин после падения цены ниже $30 000

О текущей ситуации на рынке рассказывает практикующий трейдер и основатель проекта Crypto Mentors Никита Семов. Price Action и VSA Биткоин в среднесрочной перспективе выглядит довольно интересно, так как после пролива на уровне $34 170 по CME сформировали базу и перебили bos.

2021-1-12 19:36


Фото:

Bitcoin Price Drops 17%, Large CME Futures Gap Filled, BTC Spot Markets Rebound

On January 4, 2020, the price of bitcoin slid to the lowest point of the year dropping from Sunday’s high of $33,800 per unit to $27,734 a few minutes after 5 a.m. (EST). In fact, the price dip filled CME Group’s large futures gap after the regulated exchange has seen six consecutive gaps since the […] The post Bitcoin Price Drops 17%, Large CME Futures Gap Filled, BTC Spot Markets Rebound appeared first on Bitcoin News.

2021-1-4 18:10


Фото:

Ethereum Breaks Out of Bullish Triangle as CME Futures Listing Boosts Price

Ethereum saw a massive rally today that has allowed its price to firmly break above $600, which has long been a resistance level Following the break above this resistance, the cryptocurrency rallied as high as $630 before its rally got overextended and resulted in it retracing down towards $615 It is recovering from this pullback, but the price just above where it is currently trading at may persist as a strong resistance level in the […]

2020-12-17 00:00


Bitcoin is Trading at a Massive Premium on the CME; What This Could Mean

Bitcoin’s price is now trading firmly above $16,000. This marks a notable technical breakout that could indicate significantly further upside is imminent in the near-term. This level has long been holding strong as resistance, with the selling pressure here catalyzing multiple potent rejections throughout the past few days and weeks. If buyers can flip this […]

2020-11-12 19:39


Hedge Funds Widely Flip Short on Bitcoin Despite Blatant Breakout

Bitcoin has been caught within the throes of an intense uptrend throughout the past few weeks This has led its price to post massive gains, with bulls now vying to post a monthly close above $13,800 for the first time Although this would mark the highest monthly close ever seen by BTC – which would be undeniably bullish – not everyone is convinced Data from the latest Commitment of Traders report from the CME shows […]

2020-11-1 01:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Micro Ether Futures now live on CME Group

Chicago Mercantile Exchange (CME) Group has expanded its crypto derivatives offerings by launching Micro Ether Futures. The post Micro Ether Futures now live on CME Group appeared first on CryptoSlate.