CME Group to Launch Bitcoin Friday Futures on September 30
2024-08-28 09:44:20 Primitive Reading

　The derivatives market CME Group announced today that it will further expand its cryptocurrency derivatives products and launch Bitcoin Friday Futures (BFF) on September 30th, pending regulatory approval. The size of these new per-period contracts is one-fiftieth of a Bitcoin and will be cash-settled at 4:00 pm New York time every Friday with the CME CF Bitcoin Reference Rate New York Variable (BRRNY). The new BFF contract will be listed at 6:00 pm New York time every Thursday, with trading dates on Friday, and market participants can trade the two most recent Fridays at any specific time. The Friday expiration allows these contracts to closely track the spot price of Bitcoin and help investors mitigate weekend price fluctuations.

Disclaimer: This specification is preliminary and is subject to change at any time without notice. Amazon Finance assumes no responsibility for any errors contained herein.

Amazon Finance
Voices from the Amazon rainforest
Recommended reading
Argentina’s Ministry of Education Partners with ETH Kipu to Incorporate Ethereum and Blockchain Knowledge into High School Curriculum

10-22     admin     18502 Reading
Elon Musk: X platform is to support everyone to express their opinions, even those I disagree with

10-22     admin     10389 Reading
FTX cold wallet transfers 240,200 mSOL to Coinbase Prime, equivalent to approximately $46.3 million

10-22     admin     12898 Reading
Coinbase Developer Platform is developing a new API that will support AI agents to send USDC for free

10-22     admin     15845 Reading
Data: A whale transferred 8,825 ETH to Binance in the early morning, losing $3.96 million

10-22     admin     10438 Reading
PayPal’s stablecoin PYUSD market cap exceeds $1 billion

10-22     admin     7296 Reading
Lido DAO has passed the “On-chain Delegation and Representative Incentive Program”

10-22     admin     10024 Reading
Argentina’s Ministry of Education Partners with ETH Kipu to Incorporate Ethereum and Blockchain Knowledge into High School Curriculum

10-22     admin     18502 Reading
Linear Finance: Planned Launch of Linear Marketplace

10-22     admin     11743 Reading
PayPal’s stablecoin PYUSD market cap exceeds $1 billion

10-22     admin     7296 Reading
Fractal Bitcoin: Mainnet is scheduled to be launched on September 9, 80% of tokens will be allocated to the community

10-22     admin     11260 Reading
SEC charges Adam brothers with $60 million crypto Ponzi scheme

10-22     admin     12428 Reading
BeraChain Ecosystem Automated Leverage Protocol Origami Finance Completes $1.5 Million Seed Round Financing

10-22     admin     7347 Reading
FTX cold wallet address transfers 240,200 mSOL to Coinbase Prime

10-22     admin     10845 Reading
Lido DAO has passed the “On-chain Delegation and Representative Incentive Program”

10-22     admin     10024 Reading

Copyright © Amazon Finance