CME Group launches US-based crypto reference rates
The reference rates will be settled in US time, providing a new risk management tool to meet institutional client demand.
The reference rates will be settled in US time, providing a new risk management tool to meet institutional client demand.
Data collated by CME Group found that last year hedge funds and asset managers traded passively 64% and 37% of the time.
New futures will provide improved efficiency in managing exposure at the 20-year maturity point on the US Treasury curve.
Interest rate uncertainty, incoming regulation and the rise of non-deliverable forwards (NDFs) and algorithms for execution are the topics on the minds of these FX-focused individuals.
New futures will provide market participants with an efficient way to hedge their spot ether price risk and more easily execute ether trading strategies.
Increased ADV resulted from the global growth in interest rate and energy products, which were up 54% and 31% respectively.
As a market first, CME’s new sustainable clearing service will allow participants to track whether their hedging strategies are achieving their sustainability goals.
New weekly options contracts will increase precision, adding more granularity to trading strategies, allowing Russell 2000 Index exposure to be more fine-tuned, said the exchange.
The equally owned joint venture between CME and IHS Markit offers post-trade solutions across interest rates, FX, equity and credit.
A statement from CME denied the rumours following claims earlier this week that the exchange was in conversations to acquire Cboe.