CME Asks CFTC to Double Bitcoin Futures Capacity as Interest Soars

News

The company has asked the regulator to double the maximum permissible open positions each client can hold in Bitcoin futures. The Chicago Mercantile Exchange (CME) Group is petitioning United States regulators to allow its clients to double their open Bitcoin futures positions.Double open positions limit, says CMEAccording to Nasdaq on Sept. 12, CME has already put its plans before the Commodity Futures Trading Commission (CFTC). If successful, each investor would gain a monthly limit of 2,000 contracts per spot month instead of the current 1,000. The move comes on the back of constant growth in demand for Bitcoin futures, with CME’s volumes…
Click Title Below To Read Details From Source:
CME Asks CFTC to Double Bitcoin Futures Capacity as Interest Soars

Leave a Reply

Your email address will not be published. Required fields are marked *