New Micro Futures in Euro from CME
The Chicago Mercantile Exchange (CME) announced that from 18 March and on, will launch a new series of derivatives at micro levels, that will be denominated in Euros.
This is another step towards the products offered to CME for their clients.
The first step had been done in May 2021 when it launched micro futures in Bitcoin denominated in US Dollars while in December of the same year, issued micro derivatives for Ethereum.
Micro derivatives are contracts that traded in 1 / 10th of the price of the underlying assets.
In August 2022, CME had started to offer futures in Bitcoin and Ethereum, denominated in Euros, vanishing the investors from the currency risk and offer them more and more solutions.
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