CME Group is set to introduce a series of innovative market products, driving expansion in crypto and commodity segments. The Group's bitcoin options will launch in
February following the introduction of their
Bitcoin Friday Futures. This move towards crypto is further exemplified as they extend accessibility to
Robinhood traders, delivering an array of futures including equity, crypto, and commodity. Record-breaking volumes illustrate the robust growth seen across all asset classes, with a highlight on international average daily volume achieving 7.8 million contracts in 2024 (14% YoY). Moreover, the anticipation of launching
1-ounce Gold Futures to cater to soaring retail demand signifies strategic expansion within commodities. Progress is also reflected in financial performance, with record Q3 2024 results for revenue, adjusted operating income, net income, and earnings per share. CME also plans to launch
mortgage-rate futures in January 2025 depicting innovation in financial derivatives. However, the firm hasn’t made any official decision on including XRP and Solana futures contracts, highlighting cautious approaches to crypto.
Cme Group CME News Analytics from Tue, 23 Apr 2024 07:00:00 GMT to Sat, 01 Feb 2025 04:04:43 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -5
