Published on November 13th, 2017 | by bitcoin0
Bitcoin future trading could begin as soon as December according to Cme Ceo
CME Group chairman and CEO Terry Duffy has said that the derivatives exchange operator could list a planned bitcoin futures product as early as next month.
Speaking to CNBC today, Duffy said that trading could begin as early as the second week of December.
“I think sometime in the second week of December you’ll see our contract out for listing,” he told the network.
At the time, CME said that the futures would be tied to its existing price index, launched in 2016, and be settled via cash.
Among Duffy’s notable comments in the interview: insight into how CME would handle major fluctuations in the price.