CME Group Introduces Micro Bitcoin Futures Contract
CME Group, one of the largest derivatives marketplace in the world, has introduced a micro bitcoin futures contract.
Today, CME Group, which is among the world’s largest derivatives marketplaces,
Year-to-date, 13,800 CME bitcoin futures contracts, equivalent to about 69,000 bitcoin, have traded on average each day, according to the micro futures announcement. The announced micro contracts open up exposure to bitcoin futures to a different class of retail traders, and enable those looking to create trading strategies based on smaller future contract sizing to do so.