CME Group Bitcoin Futures to Require 35% Margin, Launch in Mid-December

[kreslik.news]

The Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOE) have both issued separate announcements to specify details about their upcoming Bitcoin futures contracts. The CME said that live trading on its cash-settled contract will begin on Monday, the 18th of December.

Earlier today, the CFTC issued a statement in which Chairman Giancarlo outlined that cash Bitcoin exchanges should be sharing data with the regulated ones and the regulator itself. The move is aiming to reduce the potential for price manipulation.

Commenting on the announcement, CME CEO Terry Duffy said: “We are pleased to bring Bitcoin ... (read more)