CME News

Bitcoin futures briefly exceeded $10,000 on the Chicago Mercantile Exchange for the first time since early March 2018.

Open interest in Bitcoin futures contracts on CME hit a new all-time high of over 5,300 contracts, purportedly due to increased institutional interest.

United Kingdom-based interdealer broker TP ICAP will sell bitcoin financial derivatives.

The number of open contracts for CME bitcoin futures is reportedly at an all-time high.

The Chicago Mercantile Exchange reportedly said that the scale of bitcoin futures trading has continued to hit new highs in May.

According to Diar’s recent report, institutional traders have registered record high volumes on bitcoin derivatives exchanges.

Bitcoin’s intense price gains have sparked frenzied activity for CME’s product, which set a previous high last month.

ErisX’s spot market could increase institutional participation — as well as regulatory oversight.

CME Group has reported a net income of $497 million for the first quarter, compared with $599 million this time last year.

The overall institutional investment in Bitcoin futures on the Chicago Mercantile Exchange decreased this past week, according to CFTC data.

Leading United States derivative market CME Group pointed out that its Bitcoin futures reported a record trading volume on April 4.

Terry Duffy, CEO of CME Group, says that Bitcoin’s finite amount is a challenge for regulators

Terry Duffy said that until governments start to accept cryptocurrencies, it will be very difficult for major commercial banks to get involved.

Global investment bank JPMorgan believes that the protracted decline in crypto markets is driving away institutional investors.

The British government has vetoed the launch of a gold-backed cryptocurrency by the 1,100 year old institution Her Majesty’s Royal Mint.