A Golden Finance report, the derivatives market CME Group announced today that it will further expand its cryptocurrency derivatives products, launching BTC Friday Futures (BFF) on September 30, but pending regulatory review. The new per-period futures contracts are one-fiftieth the size of a BTC and will be cash settled at 4:00 pm New York time each Friday using the CME CF BTC reference exchange rate New York variable (BRRNY). The new BFF contracts will be listed at 6:00 pm New York time each Thursday, with the trading date on Friday, allowing market participants to trade the nearest two Fridays at any given point in time. The Friday expiration allows these contracts to closely track the spot price of BTC and help investors mitigate weekend price fluctuations.
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CME Group lançará futuros de BTC às sextas-feiras em 30 de setembro.
A Golden Finance report, the derivatives market CME Group announced today that it will further expand its cryptocurrency derivatives products, launching BTC Friday Futures (BFF) on September 30, but pending regulatory review. The new per-period futures contracts are one-fiftieth the size of a BTC and will be cash settled at 4:00 pm New York time each Friday using the CME CF BTC reference exchange rate New York variable (BRRNY). The new BFF contracts will be listed at 6:00 pm New York time each Thursday, with the trading date on Friday, allowing market participants to trade the nearest two Fridays at any given point in time. The Friday expiration allows these contracts to closely track the spot price of BTC and help investors mitigate weekend price fluctuations.