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Micro Bitcoin Future Contract Introduced

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Today, CME Group, which is among the world’s largest derivatives marketplaces, announced the introduction of a new “micro bitcoin” futures contract, which will start trading on May 3, pending regulatory approval.

A micro bitcoin futures contract will be one-tenth the size of a bitcoin, which would allow market participants to execute trading or hedging strategies in smaller denominations than were previously offered, with current bitcoin futures contracts trading in denominations of five bitcoin.



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