Following announcement by Terry Duffy, director and chairman of the CME Group, last week, in which he commented that the negotiations would be in effect early in the second week of December, the derivatives exchange confirmed the start of activities for December 11. Each contract will consist of 5 btc, as previously reported by Business Insider, news site, with deals made on CME Globex and CME Clearport systems and using existing Bitcoin price indexes at CME. The initial limit is set at 1 thousand contracts, according to the exchange of derivatives.
Thx for the info, the start of negotiation is Dec 11 correct? ... How will options trading be effected if bitcoin forks? Will the focus remain on bitcoin exclusively and the new bitcoinx2 won’t be part of the exchange?