CME Group and CF Benchmarks to launch new DeFi reference rates and real-time indices
New benchmarks, together with Uniswap, will capture over 40% of the total value in Defi protocols on the Ethereum blockchain, claims CME Group.
New benchmarks, together with Uniswap, will capture over 40% of the total value in Defi protocols on the Ethereum blockchain, claims CME Group.
The exchange today started trading a new suite of overnight index futures based on the euro short-term rate (€STR), driven by strong client demand.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding Derivatives Exchange Group this year: including Cboe Europe Derivatives (CEDX), CME Group, Eurex, Euronext and ICE.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding FX Trading Venue this year: including CME EBS, Eurex, Euronext FX, LSEG (Refinitiv FXall) and 360T, Deutsche Börse.
The derivatives exchange will convert all eligible Eurodollar futures and options to SOFR by April 2023.
The group has seen ADV rise by 21% year on year as investors pile into derivatives in an attempt to navigate the current climate of volatility.
New appointment joins after seven years at CME Group, having previously served at FXall, Barclays Capital, Lehman Brothers and Bloomberg LP.
New options build upon the group’s existing crypto product suite, which includes Bitcoin and micro-sized Bitcoin options.
Following a strong August, CME Group will convert its Eurodollar futures and options open interest into SOFR contracts from 14 April 2023.
Phase 6 of the Uncleared Margin Rules has been implemented today, with the regulation having the biggest impact on the buy-side yet. Industry experts react to the deadline, giving insights on where we stand today.