CME Group to Launch Ether options in September
The derivatives exchange pushing forward its crypto offering with plans to launch options on Ether futures from 12 September, pending regulatory review.
The derivatives exchange pushing forward its crypto offering with plans to launch options on Ether futures from 12 September, pending regulatory review.
New futures are expected to help clients manage sovereign debt risk in Europe once available.
New futures will provide clients with improved tools to trade and hedge exposure to Bitcoin and Ether.
The addition will provide clearing members and their clients with greater flexibility and increased efficiency in managing collateral costs.
The addition of CME data will enable market players to test their trading strategies and make trading decisions by subscribing to market data sets from one, or both, exchanges.
The past week saw appointments from CME Group, Outset Global, State Street, Horizon Software and Citi, as well as a departure from UBS.
New director joins from Coex Partners and previously held roles at BNP Paribas, Westpac Institutional Bank, Lloyds Banking Group and HSBC Investment Bank.
New offering will provide increased margin efficiencies and solve market access issues for institutions and professional traders.
With 100 days to go until the implementation of UMR Phase 6, all-time records of positions in FX and equity futures have been adopted by market participants.
The past week saw appointments from CME Group as well as departures from Citi and Man Group.