The CME Group, a leading global commodities exchange company has announced the introduction of an ether futures contracts on February 8th, 2020 at 16:00 (BST). Each ether futures contract will have 50 units of each and each contract will trade between 5:00 a.m. and 5:30 p.m. CMT from Sunday to Friday. The contracts will utilize the CME CF trading index from CF Benchmarks, an eco indices service approved by the Commodity futures Trading Commission (CFTC). The CME’s ether futures contracts are accessible to CFD trading clients who have an account with the company or through its Web portal.
The CME is the platform for the execution of CFD trading, which is facilitated by CFD Trading Commission, which is controlled by New York Stock Exchange. According to ether future contracts’ overview, the CME’s ambition is to provide institutional investors with reliable, transparent and fast-priced markets which can be accessed 24 hours a day. Since CFD trading is an unregulated market, institutional investors will play a vital role in shaping and molding the future of this trading market. In order to take advantage of the opportunities offered by ether futures contracts, institutional investors have decided to purchase these contracts using margined trading platforms.
In their opinion, the high trading volumes to be synonymous with institutional trading. They also believe that future trends are predicted with a high degree of accuracy. Moreover, they feel that the transparency and credibility of the CME’s pricing data will provide investors with significant insight into the ongoing crypto trends. To conclude, they consider that the prices of ether will likely follow the trends that the CME is following and are predicting.