CME Group Expands Crypto Offerings with Bitcoin Cash and Uniswap Futures Launch
The Chicago Mercantile Exchange Group (CME Group) has announced that it will launch futures trading for Bitcoin Cash and Uniswap on October 19, following regulatory review. This expansion of CME Group's cryptocurrency product portfolio comes in response to strong customer demand for institutional-level risk management tools in highly liquid altcoin markets.
The new contracts will allow market participants to trade large-scale (250 BCH) or micro-scale (25 BCH) Bitcoin Cash futures, as well as Uniswap futures (10,000 UNI) and Micro Uniswap futures (1,000 UNI).
Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, stated that these new contracts will enable clients to manage price risk and gain access to key crypto networks in the 24/7 open, regulated marketplace.