CME group to launch Bitcoin options in Q1 2020

posted 28 days ago
Derivatives marketplace CME Group announced it will offer options on its Bitcoin futures contracts starting Q1 2020. CME said the launch of Bitcoin options is aimed to provide clients with “additional tools for precision hedging and trading.” The launch is pending regulatory review.

Tim McCourt, CME Group global head of equity index and alternative investment products, said “Based on increasing client demand and robust growth in our Bitcoin futures markets, we believe the launch of options will provide our clients with additional flexibility to trade and hedge their bitcoin price risk.”
Tags: bitcoin, news