Key Takeaways
- CME Neighborhood and CF Benchmarks maintain partnered to originate contemporary Bitcoin volatility indices.
- Two merchandise were introduced: the CME CF Bitcoin Volatility Index – Exact Time (BVX) and the CME CF Bitcoin Volatility Index – Settlement (BVXS).
CME Neighborhood, the arena’s leading derivatives market, partnered with CF Benchmarks, a cryptocurrency benchmark index provider, to introduce two contemporary Bitcoin volatility indices: the trusty-time CME CF Bitcoin Volatility Index (BVX) and the daily settlement model (BVXS).
Whereas no longer tradable merchandise, the indices translate implied volatility from CME’s Bitcoin and Micro Bitcoin alternate choices into clear benchmarks. CME says the instruments replicate surging institutional job in its crypto derivatives complex.
The partnership expands CME Neighborhood’s cryptocurrency benchmark suite, at the side of volatility instruments to support chance administration in digital asset markets. CME Neighborhood already presents Bitcoin futures and alternate choices to succor institutional merchants hedge exposure and manage chance within the derivatives market.
CF Benchmarks makes a speciality of cryptocurrency indices that support financial merchandise at the side of derivative contracts for institutional enlighten. The contemporary volatility indices improve pricing files availability within the institutional digital asset market.
