United States:
CME To Launch Options On Bitcoin Futures
27 September 2019
Cadwalader, Wickersham & Taft LLP
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The Chicago Mercantile Exchange ("CME") will launch options on Bitcoin futures
contracts in the first quarter of fiscal year 2020, pending
regulatory review.
The CME Group Global Head of Equity Index and Alternative
Investment Products Tim McCourt stated that the Bitcoin options
will create for clients "additional flexibility" when
trading and hedging their Bitcoin price risk. Mr. McCourt stated
that the products were designed to allow institutions and
professional traders to manage Bitcoin exposure in a regulated
exchange environment.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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