Chicago Mercantile Exchange (CME) Group has expanded its crypto derivatives offerings by launching Micro Ether Futures. The number one and most diverse marketplace for derivatives has now launched two micro cryptocurrency products in this year alone.
CME launches micro Ether futures
According to the global head of Equity Index and Alternative Investment Products, Tim McCourt, the Micro Ether launch shows the growth and liquidity of cryptocurrency futures and options.
Micro Ether units will be one-tenth (0.1) of the Ether, and this futures product allows several market participants to hedge the price risk of their spot Ether.
It also provides a more flexible way to execute trading strategies for Ether without losing the features of the larger-sized Ether Futures on CME.
Other key stakeholders have also expressed how Micro Ether futures falls within the CME Group goal of offering the best trading options for users. According to the Executive Vice President of Marketing and Produ

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