What bitcoin cme is
CME’s Bitcoin futures contract, ticker symbol BTC, is a USD cash-settled contract based on the CME CF Bitcoin Reference Rate (BRR), which serves as a once-a-day reference rate of the U.S. dollar price of bitcoin.
How do I trade CME for Bitcoin?
CME Direct users: download the Bitcoin options grid
- Right click on the buttons below.
- Save the files as an .XML on your computer.
- In CME Direct, select import view in the main menu.
- Import the grid into CME Direct.
What is the CME Bitcoin reference rate?
CME CF Reference Rates and Real-Time Indices
| Cryptocurrency | Reference Rate | Reference Rate (NY) |
|---|---|---|
| Bitcoin | $40,174.96 BRR 10:01:00 am CT | $40,335.58 BRRNY 15:01:00 pm CT |
| Ether | $3,013.47 ETHUSD_RR 10:01:00 am CT | $3,024.24 ETHUSD_NY 15:01:00 pm CT |
What does CME stand for in trading?
Chicago Mercantile Exchange
Chicago Mercantile Exchange (CME)
What is CME gap?
The CME gap is the difference between the trading price of a CME bitcoin futures contract when the market closes on Friday and opens on Sunday.
What is CF crypto?
CF Benchmarks is the world’s leading crypto index provider. Its benchmark indices have settled over $500bn of CFTC and FCA regulated futures and options contracts and are tracked by ETFs and ETPs listed in Canada, Brazil, Switzerland and Germany.
Does CME hold Bitcoin?
Bitcoin futures are listed and cleared on CME, a US-registered designated contract market (DCM) and derivatives clearing organization (DCO).
How does CME gap affect Bitcoin?
Although cash-settled futures are primarily used by institutional investors, retail investors can trade the “CME gap”. If the price of BTC on exchanges is higher than the CME closing price from the previous Friday, BTC’s price usually decreases in order to meet the CME price.