Cryptocurrency News
CME Group plans to launch options on ETH futures prior to the Merge
2022.08.18 21:17
CME Group plans to launch options on ETH futures prior to the Merge
Major derivatives marketplace Chicago Mercantile Exchange Group intends to launch options trading for its Ether (ETH) futures products.
In a Thursday announcement, the CME Group (NASDAQ:CME) said that subject to regulatory review, it plans to launch options contracts for its Ether futures, sized at 50 ETH per contract. The futures options, expected to start trading on Sept. 12, will follow the firm launching micro-sized Bitcoin (BTC) and Ether options in March 2022, BTC options trading products in January 2020, and a BTC futures contract in December 2017.
