Published on November 14th, 2017 | by bitcoin0
Bitcoin futures will be out for listing in the second week in December says CME Group CEO Terry Duffy.
CME Group, the world’s largest futures exchange, is going to introduce bitcoin futures product in the second week of next month.
“When can you be able to short this product, I think sometime in the second week in December you’ll see our contract out for listing,” Terry Duffy, CEO of CME, told CNBC during an interview.
Duffy announced on October 31 that CME Group was going to list bitcoin futures in the fourth quarter of the year, pending regulatory review.
Following the example of CME Group, major futures market in Argentina, Mercado de Termino de Rosario, disclosed its intention to offer bitcoin futures to investors.
CME CEO added during an interview that the platform is not going to control bitcoin’s price fluctuations.