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CME Group Adds Daily Expiration For BTC & ETH Futures


On April 17, the world’s top derivatives marketplace, CME Group, announced plans to enlarge its suite of crypto futures options contracts.

A company executive disclosed that the aim is to aid clients in controlling short-term Bitcoin and Ether price risks amid high market volatility.

BTC and ETH Daily Expiries

The Chicago Mercantile Exchange (CME) announced that the Group would provide new expiry dates for Ether and Bitcoin futures options.

Depending on the regulatory review, these latest contracts will be ready by May 22. Also, the expiration will occur each business day of the week, starting from Monday until Friday.

However, the contracts on the micro-sized Bitcoin and ETH futures will now occur on Tuesday and Thursday, completing the already existing Monday, Wednesday, and Friday expiries.

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In his comment concerning the broadening of its suite of crypto options, CME Group’s Global Head of Crypto Products, Giovanni Viscioso, says

“We are happy to provide these new option contracts to offer market participants versatility and greater precision in controlling short-term BTC and ETH price risks. Despite the backdrop of the increasing market volatility within the digital sector, clients will keep on turning to a regulated, trusted place such as CME Group for efficient and reliable crypto risk management products”.

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Chicago Mercantile Exchange in 2022 and CME in 2023

Since November 2022, CME has experienced a surge in its cryptocurrency derivatives products.

Recently, CME Group Chair and CEO Terrence A Duffy stated that the exchange significantly increased its trading activities throughout November and December 2022.

The record of CME Group on BTC and ETH futures and options complex shows a notional daily average of $3 billion in Q1 of 2023.

This data proves a rise in the client demand for liquid hedging products since the broader market is in a recovery mode.

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