Bitcoin group ceo

CME Bitcoin futures are now available for trading. Learn why traders use futures, how to trade futures, and what steps bitcoin group ceo should take to get started. Insightful and thought-provoking content related to today’s emerging financial technology.

CME Group, the world’s leading and most diverse derivatives marketplace, today announced it intends to launch bitcoin futures in the fourth quarter of 2017, pending all relevant regulatory review periods. Bitcoin futures will be listed on and subject to the rules of CME. CME Group Chairman and Chief Executive Officer. As the world’s largest regulated FX marketplace, CME Group is the natural home for this new vehicle that will provide investors with transparency, price discovery and risk transfer capabilities.

CME Group and Crypto Facilities Ltd. BRR, which aggregates the trade flow of major bitcoin spot exchanges during a calculation window into the U. Dollar price of one bitcoin as of 4:00 p. The BRR is designed around the IOSCO Principles for Financial Benchmarks. We are excited to work with CME Group on this product and see the BRR used as the settlement mechanism of this important product,” said Dr.

The BRR has proven to reliably and transparently reflect global bitcoin-dollar trading and has become the price reference of choice for financial institutions, trading firms and data providers worldwide. The BRTI combines global demand to buy and sell bitcoin into a consolidated order book and reflects the fair, instantaneous U. For more information on this product, please visit cmegroup. CME Group, the Globe Logo, CME, Chicago Mercantile Exchange, CME Direct and Globex are registered trademarks of Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners. CME Group is the world’s leading and most diverse derivatives marketplace.

A new bitcoin lobbying group descended on Capitol Hill on Friday, in a bid to familiarize congressional staffers with the digital currency. The Chamber of Digital Commerce brought more than 30 people from the bitcoin industry to Washington to talk to dozens of congressional offices about the benefits of the money, which Congress has approached with some skepticism. The trip was sponsored by Rep. Washington’s grasp of bitcoin up to a much higher level. In all, advocates spoke with representatives from 70 congressional offices, the trade group said. The Chamber of Digital Commerce opened its doors just a month ago and has pledged to influence lawmakers on behalf of the emerging bitcoin industry. In recent days, it registered a political action committee with the Federal Election Committee to spread cash to political candidates and party committee, though CEO Perianne Boring told The Hill that it has yet to identify lawmakers it will support.