CME To Launch Options On Bitcoin Futures

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The Chicago Mercantile Exchange ("CME") will launch options on Bitcoin futures contracts in the first quarter of fiscal year 2020, pending regulatory review.

United States Technology

The Chicago Mercantile Exchange ("CME") will launch options on Bitcoin futures contracts in the first quarter of fiscal year 2020, pending regulatory review.

The CME Group Global Head of Equity Index and Alternative Investment Products Tim McCourt stated that the Bitcoin options will create for clients "additional flexibility" when trading and hedging their Bitcoin price risk. Mr. McCourt stated that the products were designed to allow institutions and professional traders to manage Bitcoin exposure in a regulated exchange environment.

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