These new options that enables CME Group are designed for all types of investors, but are intended to open up space for those who operate with much smaller amounts of capital, providing greater versatility when programming and executing trade orders with Micro BTC y ETH.
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La Chicago Mercantile Exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. better known as CME Group, anunció el día de hoy planes para lanzar opciones para el comercio de Micro Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. yEther, thereby expanding and bringing its derivatives market an area or arena, online or offline, in which commercial dealings are conducted. to smaller-scale investors.
CME Group will launch options for Micro trading Bitcoin yEther the form of payment used in the operation of the distribution application platform, Ethereum.
This was revealed by CME Group in an official press release published this March 1, which indicates that these options for trading Micro BTC y ETH will have a contract in traditional finance, a contract is a binding agreement between two parties. In cryptocurrencies, smart contracts execute functions on the blockchain. size equivalent to one-tenth of their respective underlying tokens, and will be available for trading from March 28th.
Commenting on the launch, the global head of equities and foreign exchange products for CME Group, Tim McCourt, comentó:
“We have worked closely with customers and the industry at large to establish robust and liquid cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. futures a futures contract is a standardized legal agreement to buy or sell a particular commodity or asset at a predetermined price at a specified time in the future. and options markets at CME Group. Less than a year old, nearly 5.2 million combined Micro Bitcoin and Micro Ether futures contracts have changed hands. Based on the strength and liquidity how easily a cryptocurrency can be bought and sold without impacting the overall market price. of the underlying contracts, our micro-sized options will allow traders of all levels to efficiently hedge the market, as well as move positions with greater precision and flexibility or adjust their exposure to the cryptocurrency market.”
In addition to the above, CME clarifies that these new contracts will serve to complement those already in existence, which in the case of Bitcoin contemplate maximum investment of up to 5 BTC. Therefore, this will allow clients to open short a trading technique in which a trader borrows an asset in order to sell it, with the expectation that the price will continue to decline. In the event that the price does decline, the short seller will then buy the asset at this lower price in order to return it to the lender of the asset, making the difference in profit. or long a situation where you buy a cryptocurrency with the expectation of selling it at a higher price for profit later. term trading positions, with options expiring monthly, or executable weekly on Mondays, Wednesdays and/or Fridays.
CME Group and crypto derivatives
As you quote CME Group in its press release, this is a further step in the incorporation of products related to crypto derivatives trading, an important step for an exchange that operates within the traditional US market.
As with the contracts originally handled by the platform, these new options will also be based on futures of BTC y ETH, por lo que su liquidación se hace con contraparte en el costo equivalente en fiat fiat currency is “legal tender” backed by a central government, such as the Federal Reserve, and with its own banking system, such as fractional reserve banking. It can take the form of physical cash, or it can be represented electronically, such as with bank credit. y no en la moneda digital digital technologies are these electronic tools that have the ability to generate, store or even process data. como tal. Esto quiere decir que las nuevas opciones otorgan a los titulares el derecho a comprar o vender el valor subyacente a un precio originalmente acordado.
Finally, micro options operate under the rules of the European market, so interested parties will not be able to exercise them before the last day of trading.
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Source:TheBlockCrypto,CryptoBriefing , Official Communiqué
Version by Angel Di Matteo / DiarioBitcoin
Imagen de Unsplash
