CME's planned bitcoin futures will attempt to rein in big price swings

CME's planned bitcoin futures will attempt to rein in big price swings

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/11/08/cmes-planned-bitcoin-futures-will-attempt-to-rein-in-big-price-swings.html

The world's largest futures exchange wants to guard against extreme volatility in its planned bitcoin futures product.

CME will implement special price fluctuation limits at 7 percent and 13 percent above or below the prior settlement price, and prevent trading outside the 20 percent range, according to details the exchange released Tuesday afternoon.

CME's planned bitcoin futures will attempt to rein in big price swings

Nov 8, 2017, 5:16pm UTC
https://www.cnbc.com/2017/11/08/cmes-planned-bitcoin-futures-will-attempt-to-rein-in-big-price-swings.html >The world's largest futures exchange wants to guard against extreme volatility in its planned bitcoin futures product. >CME will implement special price fluctuation limits at 7 percent and 13 percent above or below the prior settlement price, and prevent trading outside the 20 percent range, according to details the exchange released Tuesday afternoon.