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CME Group to Offer Market Participants Ethereum Options 3 Days Before the Merge – Finance Bitcoin News

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The world's largest derivatives marketplace in terms of volume, CME Group, announced plans to list ethereum options.

CME CF Ether-Dollar Reference Rate

, which serves as a once-a-day reference rate of the U.S. dollar price of ether,” the derivatives marketplace said on Thursday. CME’s global head of equity and FX products, Tim McCourt, noted on Thursday that the new ether options contracts add to the company’s existing lineup of crypto derivatives products.

“The launch of these new options contracts builds on the significant growth and deep liquidity we have seen in our existing Ether futures, which have traded more than 1.8 million contracts to date,” McCourt said in a statement. The CME executive added: As we approach the highly anticipated Ethereum Merge next month, we continue to see market participants turn to CME Group to manage ether price risk. Our new ether options will offer a wide array of clients greater flexibility and added precision to manage their ether exposure ahead of market-moving events.CME Group will join a number of exchanges that already offer ethereum options contracts including Deribit, Okex, Bit.com, and Huobi.

 

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Do not be fooled guys ,they will crash etherium immediatelly after that...Look at this!

Thankss 🚀

Ain’t youu surprised to see none is talkingg about this?

Don't let anyone fool you here is the original?

How come the mediaa isn't reportingg thiss

Its fantastic to get this thing every day?

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