The Chicago Mercantile Exchange Group (CME) has revealed that in the first month of the year, its cryptography contracts saw an average daily volume (ADV) of 198,000 with a notional value of $ 13.6 billion.
The CME was detailed in a press release on Tuesday of that year after year, its Criptomoneda ADV increased by 180% as its micro bitcoin futures (BTC) registered an increase of 255%, while their micro futures contracts ether (ETH) increased 223%.
While Bitcoin and Exchange ether contracts have a notional value of 5 BTC and 50 eth, respectively, their micro contracts represent only 0.1 of each cryptocurrency, which allows a more precise negotiation and risks management given its size more little.
In addition to its full -size and micro contracts for the two main cryptocurrencies for market capitalization, the CME also offers options to merchants about these contracts. These options allow more complex strategies to adjust your risk exposure.
Option contracts provide operators with the right, but not the obligation, to buy or sell cryptocurrencies at a predetermined price on a specific date or before.
The exchange of futures recorded a total ADV of 25.7 million contracts in January.
Last week, the CME Group announced that it is watching the introduction of options in Bitcoin Friday Futures (BFF) from February 24, although these are pending regulatory approval.
