Tagged: cme group

Only Five Block Trades on CME Accounted for Over 80% of Recent Bitcoin (BTC) Options Contract Trading Activity

The Chicago Mercantile Exchange (CME) Group, a global markets company and the world’s largest financial derivatives exchange with over $75 billion in assets, has reported a considerable increase in its Bitcoin (BTC) options contract volume during the past week. An options contract is an agreement… Read More

Open Interest on Bitcoin (BTC) Options on Chicago Mercantile Exchange Surges 1000% in May 2020

  Open interest on the Chicago Mercantile Exchange (CME Group) for Bitcoin (BTC) options has surged dramatically during the past few days, following the third Bitcoin halving event, which effectively reduced the cryptocurrency’s supply by 50%. An options contract is an agreement between two consenting… Read More

Renaissance Technologies’ Medallion Funds Approved to Offer Products Involving Bitcoin (BTC) Futures Market

A somewhat secretive but promising hedge fund has reportedly been approved to make investments in the Bitcoin (BTC) futures markets. As noted in a document dated March 30, 2020, the US Securities and Exchange Commission (SEC) has now permitted Renaissance Technologies’ Medallion Funds to offer… Read More

Coronavirus Concern Shutters CME Group Trading Floor

The CME Group will close its Chicago trading floor as of the close of business Friday, March 13, 2020. Similar to many other companies, CME Group is attempting to reduce the risk of Coronavirus exposure. CME Group was quick to state that no Coronavirus cases… Read More

CME Group’s Tech Infrastructure Developer TriOptima Is Extending its triResolve Margin Collateral Management Service

Tech infrastructure developer TriOptima, a company that helps reduce costs while also lowering risk in over-the-counter (OTC) derivatives markets, is expanding its triResolve margin collateral management service. The extension will reportedly support automated SWIFT payments.  The new automated settlement service will provide instant connectivity to… Read More

Open Interest on ICE’s Bakkt Hits All-Time High as Bitcoin (BTC) Future Traders Continue to Bet on Leading Cryptocurrency

As Bitcoin (BTC), the flagship cryptocurrency, closed out January 2020 with its strongest performance in the past seven years, open interest on Bakkt surged to yet another all-time high on January 31 for physically-settled BTC futures contracts. Meanwhile, institutional traders on the CME Group prepared… Read More

Malta-based Crypto Exchange OKEx Introduces Bitcoin (BTC) Options Trading for Select Group of Traders

Malta-headquartered digital asset exchange OKEx has introduced Bitcoin (BTC) options trading for a certain group of crypto traders ahead of their official public launch, which is scheduled for January of next year. According to a release, OKEx claims it’s ranked third-largest out of all digital… Read More

CME Group Will Launch Bitcoin Options on January 13th

CME Group will launch Bitcoin options on futures contracts starting Jan. 13, 2020, pending regulatory review. The move to allow Bitcoin options has been widely anticipated. Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products, said that since Bitcoin futures launch… Read More

Bitcoin Futures Soar as Record 33,700 Contracts Trade on CME

It’s not only the price of Bitcoin that is seeing a rejuvenation in investor interest, but BTC Futures are also seeing some investor love too. In a tweet by the Chicago Mercantile Exchange (CME) the exchange said that CME Bitcoin futures reached an all-time record… Read More

CME Group Completes NEX Acquisition

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CME Group, the world’s leading and most diverse derivatives marketplace, announced on Monday it has completed its acquisition of NEX Group, which in returned created a global markets company across futures, cash and OTC. According to CME, the combined organization enables market participants worldwide to… Read More

CCAF: Startups & SMEs are Big Beneficiaries of UK Alternative Finance as Market Grows by 43% Year over Year

The Cambridge Centre for Alternative Finance (CCAF), the leading global research institute for all things Fintech, has published its fourth annual survey on UK alternative finance. According to the report, entitled Entrenching Innovation: The 4th UK Alternative Finance Industry Report, the sector of emerging financial… Read More

Jamie Dimon May Be Backtracking on His Bitcoin Bashing as JPM Chase Considers BTC Futures

Jamie Dimon, CEO of JPMorgan Chase, famously bashed Bitcoin back in September. The outspoken banking executive stated he would fire any JPM trader who was in the Bitcoin market as it is “against our rules and they are stupid.” Perhaps Dimon is reconsidering his shoot… Read More

Latium’s David Johnson on CME Group’s Bitcoin Futures Launch: “The long term impact will be world-changing”

Earlier this week, The CME Group announced the upcoming launch of Bitcoin Futures, an event that should drive both liquidity and overall acceptance higher for the popular cryptocurrency. The creation of Bitcoin Futures by CME, the world’s leading and most diverse derivatives marketplace, is a significant validation… Read More

CME Group Will Launch Bitcoin Futures in Q4

The CME Group has announced the launch of Bitcoin Futures, an event that should drive both liquidity and overall acceptance higher for the popular cryptocurrency. The launch is pending all regulatory requirements but expectations are this is a lock. This comes at a time when… Read More

Research: Americas Alternative Finance Grows to $35.2 Billion in 2016

The Cambridge Centre for Alternative Finance (CCAF) and the Polsky Center for Entrepreneurship and Innovation and Booth School of Business Booth School of Business at the University of Chicago have revisited the alternative finance market once again with a benchmark study. The research which covers… Read More

CME Group’s Rumi Morales Joins Chamber of Digital Commerce’s Board of Advisors

The Chamber of Digital Commerce announced on Wednesday it has appointed CME Group executive Rumi Morales as a new member of its board of advisors. The organization revealed that prior to joining CME Group six years ago, Morales led the APAC business of Goldman Sachs’ Global Markets… Read More

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