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Cboe beats CME to bitcoin futures launch with Dec. 10 start
December 4, 2017 / 2:28 PM / 7 days ago

Cboe beats CME to bitcoin futures launch with Dec. 10 start

Dec 4 (Reuters) - Cboe Global Markets Inc will launch trading in its bitcoin futures contract on Dec. 10, just over a week ahead of rival CME Group Inc.

The bitcoin futures, which will trade under the ticker 'XBT', will be cash-settled contracts based on cryptocurrency exchange Gemini's auction price, Cboe said on Monday. (reut.rs/2BvXvwu)

CME on Friday announced the launch of its bitcoin futures contract on Dec. 18, available for trading on the CME Globex electronic trading platform. (Reporting By Aparajita Saxena in Bengaluru; Editing by Shounak Dasgupta)

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