CME Group (CME) to Launch Bitcoin Futures Later this Year

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CME Group Announces Launch of Bitcoin Futures

October 31, 2017 9:30 AM UTC

CHICAGO, Oct. 31, 2017 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it intends to launch bitcoin futures in the fourth quarter of 2017, pending all relevant regulatory review periods.

The new contract will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of the U.S. dollar price of... More