CME Launches Additional Cryptocurrency Pricing Products

CME Group is set to launch additional cryptocurrency pricing products on Monday, August 24. The new offerings will provide clients with transparent and reliable reference rates for Ethereum (Etherea) against the US dollar. This move comes as part of CME's efforts to expand its cryptocurrency market data services.

The new products include the CME CF Ethena-Dollar Reference Rate, which will be published shortly after 4 p.m. London time each day, including weekends and bank holidays. Additionally, the CME CF Ethena-Dollar Real Time Index will be available daily, with a publication frequency of approximately once every second.

The new indices will not be used in the settlement of any contracts, but will instead serve as a reference for market participants. The data will be offered via the CME CF Cryptocurrency Pricing Market Data feed on channels 213 and 214.