One of the largest derivatives trading platforms has indeed proceeded with releasing options on Micro Bitcoin and Micro Ether futures, as promised earlier this month. The company outlined the growing investor demand for such products as the main reason behind the launch.
CryptoPotato reported earlier in March CME Group’s intentions to launch options on Micro Bitcoin and Micro Ether futures. These products offer a tenth of the exposure of the underlying asset, making them more suitable alternatives for individual investors.
Futures contracts require investors to sell them on a specific date, while options provide them the right, but not the obligation, to buy or sell at a particular price at any time.
CME Group announced on March 28 that these products have officially gone live; thus, the firm expanded its “suite of cryptocurrency derivatives offerings.” The firm’s Global Head of Equity and FX Products – Tim McCourt – commented:
“The launch of these micro-sized options b
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