Author

Topic: CME Group Bitcoin Index (Read 499 times)

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
May 28, 2016, 02:03:34 AM
#5
because:

"CME Group Inc. (Chicago Mercantile Exchange & Chicago Board of Trade) is an American futures company and one of the largest options and futures exchanges. It owns and operates large derivatives and futures exchanges in Chicago and New York City, as well as online trading platforms. In 2014, it gained regulatory approval to open a derivatives exchange in London.[4] It also owns the Dow Jones stock and financial indexes, and CME Clearing Services, which provides settlement and clearing of exchange trades."

sr. member
Activity: 252
Merit: 250
May 28, 2016, 01:05:54 AM
#4
How is future traded related to Bitcoin index?

Futures have a settlement price, which probably will be the index.
mkc
hero member
Activity: 517
Merit: 501
May 27, 2016, 12:28:53 AM
#3
How is future traded related to Bitcoin index?
sr. member
Activity: 252
Merit: 250
May 27, 2016, 12:24:21 AM
#2
It means in the near future, CME will have Bitcoin future listed for trade.
full member
Activity: 237
Merit: 100
May 26, 2016, 07:20:07 AM
#1
Folks,

why is it such a big deal that CME Group is going to set-up a Bitcoin Index? Maybe Ive understood something mit carefully but the NYSE has a Bitcoin Index.

Thanks for sharing your opinion
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