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Global Derivatives marketplace CME Group today announced that it will collaborate with digital assets trading platform, Crypto Facilities Ltd, to develop two new products which are being planned for a Q4 2016 launch. The news comes less than a week after the group reported record financial results for Q1 2016.
The products are CME CF Bitcoin Reference Rate (BRR), which will provide a final settlement price in U.S. dollars at 4 pm London time on each trading day, and CME CF Bitcoin Real Time Index (RTI), which will allow users real-time access to bitcoin prices.
[b]The new world of online ... ([url=http://www.financemagnates.com/institutional-forex/exchanges/cme-group-collaborates-crypto-facilities-launch-bitcoin-reference-rate-real-time-index/]read more)