• Advertise
  • Submit a Press Release
  • About Us
NewsBTC
Bitcoin & cryptocurrency news
Sensei Inu Logo
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Win 8.88 BTCTry
  • Play Casino GamesTry
  • Play FinanceTry
No Result
View All Result
Breaking News: BREAKING: Valkyrie Secures Green Light For Ethereum Futures ETF, Trading Launching Tomorrow
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Win 8.88 BTCTry
  • Play Casino GamesTry
  • Play FinanceTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: BREAKING: Valkyrie Secures Green Light For Ethereum Futures ETF, Trading Launching Tomorrow
NewsBTC CHina Regulation Bitcoin Virtual Property
Sensei Inu Logo

CME Group Plans to Regulate Futures’ Market Against Volatility

Rick Delafont by Rick Delafont
6 years ago
in Bitcoin
Reading Time: 2 mins read

The CME Group has announced their intention to apply limits to their Bitcoin Futures’ trading range. According to their website, the platform is expected to launch in December, pending a review by regulators. The announcement made by the group on Tuesday seeks to safeguard against some of the volatility associated with the cryptocurrency space.

The aim is to incorporate a price fluctuation limit at 7 and 13% below and above the previous session’s settlement price. Trading outside of 20% +/- the prior day’s price will also be excluded. Complete details are available at CME’s website. These ranges are like those provided by regulators of the US stock index futures’ market. However, it’s expected that they’ll be more beneficial in a fresh and emerging market like Bitcoin since it’s plagued with far more erratic price fluctuations than traditional stocks.

It’s hoped that the measures announced Tuesday should help safeguard investors in the space against the worst of the value swings which Bitcoin and other cryptos have become known for. Being a market still striving for maturity, either positive or negative news can send the price of individual digital currencies rapidly up or down. It’s not at all uncommon to see Bitcoin move 20% in either direction during a single day.

Such swings can make or break traders depending on their choice of transactions and their timing. CME are hoping that the restrictions placed on their futures’ market will encourage more clients to enter the market. This should encourage higher levels of investment which will in turn mean greater liquidity and therefore less volatility in the long run as the market matures.

Despite the announcements, the futures’ market has not been given the full go ahead from regulators yet. However, CEO of CME Terry Duffy said on CNBC segment “Closing Bell” on Tuesday that he’s confident of an approval from the US Commodity Futures Trading Commission. Meanwhile, another Bitcoin futures’ market is being planned by the largest US options options exchange – the Chicago Board Options Exchange (Cboe).

It’s widely presumed in the industry that once futures’ markets are accepted and become commonplace, it’s only a matter of time before an exchange traded fund gets the go ahead. According to StreetAccount, Cboe’s president and chief operating officer, Chris Concannon said:

And over time, we do envision ETFs coming to market once the regulated futures market is built and liquid.

With renewed talk of ETFs, two futures’ options emerging, and over 120 crypto hedge funds available to investors, it seems that all that institutional money that Bitcoin’s advocates have long talked about could be starting to pour into the space.

Image: ShutterStock
Tags: bitcoinbitcoin futuresBitcoin Newsbitcoin trading futuresCMECME Groupfutures marketfutures tradingtrading
Tweet123Share196ShareSend
Rick Delafont

Rick Delafont

Based in Europe, Rick has written about the cryptocurrency industry since 2016. He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.

Related Posts

Bitcoin BTC price October

Bitcoin News: Analysts Reveal Forecasts For October As BTC Price Pushes Past $28,000

6 hours ago
Bitcoin price

Bitcoin Price Skyrockets Past $28,000, Here’s Why

11 hours ago
Bitcoin

Crypto Analyst Tips Bitcoin (BTC) To Reach $40,000 In Q4 2023

1 day ago
Why Is Bitcoin Price Up Today

Why Is Bitcoin Price Up Today? Insights From Leading Analysts

3 days ago
Bitcoin vs bonds

Bonds Out, Bitcoin In? Bloomberg Analyst Predicts Major Portfolio Shifts

4 days ago
Bitcoin monthly close September

Bitcoin Price Trend At Stake: How September’s Close Could Change Everything

5 days ago

Premium Partners

Play Finance

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit

Press Releases

  • The Next Bull Run Is Approaching, Follow The Smart Money...

    6 hours ago
  • Index CFDs: Experts Have Conducted A Comprehensive Study In...

    9 hours ago
  • Unbelievable: Tradecurve (TCRV) Skyrockets, Leaving...

    11 hours ago
  • Microsoft’s AI Reveals the Holy Trinity of Profit...

    11 hours ago
  • Investing in Trading 212: Is the Risk Worth the Reward?

    2 days ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2023 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play Games
  • Win 8.88 BTC
  • Play Casino Games
  • Play Finance

© 2023 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.