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bitcoin futures - digital currency - digital trading platform Crypto

 CME announced its new bitcoin futures contract will be available for trading on Dec.18.

Bitcoin Futures Brokers
CME announces launch of Bitcoin Futures for digital currency


CME says it plans to launch bitcoin futures by the end of the year, pending regulatory review.

• Bitcoin surges to a record in response to the announcement from the world's largest futures exchange.

• The growth of bitcoin derivatives is also another step toward the development of the digital currency as a more established asset class.

The bitcoin futures contract will be cash-settled and based on the CME CF Bitcoin Reference Rate (BRR), which CME launched in November 2016 with London-based digital trading platform Crypto Facilities. The reference rate is a daily settlement price published at 4 p.m. London time, currently noon ET.

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