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Factbox: Cboe, CME to launch bitcoin futures contracts


(Reuters) - Cboe Global Markets Inc and CME Group Inc will launch futures contracts on bitcoin on Dec. 10 and Dec. 17 respectively. Here are some of the differences between the products to be offered by the exchange operators. CONTRACT UNIT-The Cboe Bitcoin Futures Contract will use the ticker XBT and will equal one bitcoin.-The CME Bitcoin Futures Contract will use the ticker BTC and will equal five bitcoins.PRICING AND SETTLEMENT-Both Cboe's and CME's bitcoin futures contracts will be settled in U.S. dollars, allowing exposure to the bitcoin without actually having to hold any of the ...

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First Published: Thu, December 07 2017. 13:55 IST