CME Traders Prefer Cash-Settled Bitcoin Products

Crypto New Media Press

CME Traders Prefer Cash-Settled Bitcoin Products

Chicago Mercantile Exchange’s, or CME, global head of equity index and alternative investment products, Tim McCourt, said traders prefer cash-settled Bitcoin trading over products backed by physical Bitcoin (BTC).  “So far, clients have expressed a clear preference and priority for a cash-settled product,” McCourt told Cointelegraph in an email when asked why the CME chose […]

The post CME Traders Prefer Cash-Settled Bitcoin Products appeared first on Crypto New Media.

Leave a Comment