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Old 07-16-2018, 02:54 AM
alexqwntrump alexqwntrump is offline
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Join Date: Aug 2017
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Default Research No. 43194

Bitcoin is anovel cryptocurrency. It is created based on decentralized computer network system and managed by composite cryptographic technology.
The second major financial derivative based on bitcoin is starting out to trade on the CME.
The CME Group, one of the nation's most significant exchanges of options and futures ,started bitcoin options contracts for trading at 6 p.m. EST Sunday. The initial price for bitcoin futures was $20,650, and the virtual currency was trading at $20,135 at 6:08 p.m. EST.
The digital currency has boomed in popularity and equity this year though drawing doubts regarding its volatility.
The CME bitcoin futures, like the bitcoin futures that now trade on the Chicago Board Options Exchange, do not engage actual bitcoin. They will measure an index of bitcoin price. Each contract will be for 5 bitcoin.

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