The market for crypto derivatives is still growing, and as the market remains uncertain, there’s a continued demand for risk management tools in the crypto industry.
Bob Guardi, Manager of Education at CME Institute, leads a panel discussion with Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group and Jim Iuorio, TJM Institutional Services, to explore current patterns in the cryptocurrency market and strategies for active investors to utilize this new and exciting product for seizing potential and handling market occurrences.
The webinar explores:
- Introduction to the Bitcoin Friday futures (BFF) contract specifications
- Crypto market analysis, insights and a look at the adoption of crypto derivatives
- Ways that market catalysts may impact the crypto market and how to capture new trading opportunities
- How Cryptocurrency futures prices converge with spot prices
- How to optimize your trading strategies with innovations, such as Bitcoin Friday futures (BFF)
About Bitcoin Friday futures
Bitcoin Friday futures, also known as BFF, are designed to provide traders with a precise and flexible method to manage bitcoin exposure. Each BFF contract represents 1/50 of a bitcoin and settles every Friday at 4:00 p.m. ET according to the CME CF Bitcoin Reference Rate New York Variant (BRRNY).
With an emphasis on capital efficiency and accessibility, BFF is a significant addition to our suite of Cryptocurrency products, which is secured by a highly liquid derivatives marketplace operating under the regulation of the CFTC. This ensures transparent and reliable futures trading, catering to a broad spectrum of traders looking to manage their exposure to bitcoin market movements.
Learn more about Bitcoin futures and the BFF contract with our overview of Bitcoin Friday futures lesson.
The information herein has been complied by CME Group for general informational and education purposes only and does not constitute trading advice or the solicitation of purchases or sale of futures, options, swaps, any other financial instrument, or financial service. The views in this video reflect solely those of the author or speaker and not necessarily those of CME Group or its affiliated institutions. All examples discussed are hypothetical situations, used for explanation purposes only, and should not be considered investment advice of the results of actual market experience. Although every attempt has been made to ensure the accuracy of the information herein, CME Group and its affiliates assume no responsibility for any errors or omissions. All data is sourced by CME Group unless otherwise stated. All matters pertaining to rules and specification herein are made subject to and are superseded by applicable CME Group rules. Current rules should be consulted in all cases concerning contract specifications.
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Neither futures trading nor swaps trading are suitable for all investors, and each involves the risk of loss. Swaps trading should only be undertaken by investors who are Eligible Contract Participants (ECPs) within the meaning of Section 1a(18) of the Commodity Exchange Act. Futures and swaps each are leveraged investments and, because only a percentage of a contract’s value is required to trade, it is possible to lose more than the amount of money deposited for either a futures or swaps position. Therefore, traders should only use funds that they can afford to lose without affecting their lifestyles and only a portion of those funds should be devoted to any one trade because traders cannot expect to profit on every trade.
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