Clients are in the process of being set up, with some already live, according to one of two sources.
The bank will protect itself from the cryptocurrency’s volatility by buying and selling bitcoin futures in block trades.
CME's micro futures contract will provide institutions and individual traders one more tool to hedge their spot market risks.
Despite choppy price action, news over the past few days has been extraordinarily bullish for the leading cryptocurrency.
Blu Putnam said gold's ongoing production, likely to increase this year, contrasts with bitcoin's fixed supply.
Short open interest for leveraged funds grows on CME as likely hedge trades continue to increase.
Less than 0.2% of Friday's daily options trading happened on CME, according to data from Skew.
CME Group’s bitcoin options market grew tenfold within a month and recorded six consecutive all-time highs for open interest so far this month.
A surge in bitcoin derivatives suggests institutional investors are getting bitcoin exposure ahead of the halving, the Chicago exchange says.
Open interest for CME bitcoin futures made a new all-time high of just under $500 million on Friday. CME’s bitcoin futures market are growing faster than nearly every other bitcoin futures market on a percentage and real growth basis.
Open interest in bitcoin futures listed on the Chicago Mercantile Exchange (CME) have doubled in the first few days of the year, as noted by data analytics firm Skew.
The Chicago exchange has announced its highly-anticipated bitcoin options are now open for trading.
Chicago exchange CME Group has announced it will launch options on its bitcoin futures contracts in mid-January.
CME Group revealed the product specifications for its bitcoin options contracts on Wednesday, targeting a 2020 launch.
Derivatives marketplace CME Group says it will offer options on its bitcoin futures contracts starting in the first quarter of next year.