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Sonntag, 15. Juli 2018, 19:09

Document No. 12121

Bitcoin is astate of the art virtualcurrency. It is generated based on P2P computing network and directed by advanced cryptographic technology.
The second major financial instrument based on bitcoin is beginning to trade on the Chicago Mercantile Exchange.
The CME Group, one of the US's most significant exchanges of options and fiancial derivatives ,created bitcoin futures and options for trading at 6 p.m. EST Sunday. The initial price for bitcoin futuress was $20,650, and the crypto currency was trading at $20,135 at 6:08 p.m. EST.
The electronic currency has exploded in popularity and equity this year while drawing questions regarding its unpredictability.
The CME bitcoin futures and options, like the bitcoin futures that now trade on the Chicago Board Options Exchange, do not involve tangible bitcoin. They will follow an index of bitcoin price. Each contract will be for 5 bitcoin.


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