The Chicago Mercantile Exchange (CME Group), the world’s largest derivatives market, made futures options trading possible for the cryptocurrencies XRP and Solana (SOL) this Monday, October 13th.
This release was announced by the company itself. Expanding our regulated product offering beyond Bitcoin (BTC) and Ether (ETH).
New financial products are regulated by the U.S. Commodity Futures Trading Commission (CFTC). Offered in standard and micro size contractsboth large institutions and individual traders can participate.
As explained in the CriptoNoticias glossary, a financial option is a contract that gives the buyer the right to buy or sell an underlying asset at an agreed upon price at a future date. It’s not mandatory. These derivatives are important tools for investors to manage risk, speculate on price movements, and generate income.
CME Group catalog includes XRP and solana Represents an important step towards market maturityBy providing greater liquidity and providing institutional investors with a regulated means to gain exposure to these ecosystems.
(Tag translation) Altcoin
