The Chicago Mercantile Change (CME Group), the world’s largest derivatives market, made futures choices buying and selling doable for the cryptocurrencies XRP and Solana (SOL) this Monday, October thirteenth.
This launch was introduced by the corporate itself. Increasing our regulated product providing past Bitcoin (BTC) and Ether (ETH).
New monetary merchandise are regulated by the U.S. Commodity Futures Buying and selling Fee (CFTC). Supplied in commonplace and micro measurement contractseach massive establishments and particular person merchants can take part.
As defined within the CriptoNoticias glossary, a monetary choice is a contract that provides the customer the precise to purchase or promote an underlying asset at an agreed upon value at a future date. It is not obligatory. These derivatives are essential instruments for buyers to handle danger, speculate on value actions, and generate revenue.
CME Group catalog contains XRP and solana Represents an essential step in the direction of market maturityBy offering higher liquidity and offering institutional buyers with a regulated means to achieve publicity to those ecosystems.