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Which digital currencies have CME futures symbols and what do they mean?

avatarAbernathy SchmittDec 27, 2021 · 3 years ago3 answers

Can you provide a list of digital currencies that have CME futures symbols and explain what these symbols mean?

Which digital currencies have CME futures symbols and what do they mean?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! The digital currencies that have CME futures symbols include Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC). These symbols represent the standardized contracts for trading these cryptocurrencies on the Chicago Mercantile Exchange (CME).
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! The CME futures symbols for digital currencies are used to identify and track the price movements of these cryptocurrencies in the futures market. They provide a convenient way for traders and investors to speculate on the future price of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin without actually owning the underlying assets.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are several digital currencies that have CME futures symbols. These symbols are used to represent the futures contracts for Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. It's important to note that the CME futures symbols are standardized and follow a specific format, which includes the ticker symbol for the digital currency followed by the expiration month and year of the contract. For example, the CME futures symbol for Bitcoin is BTC, followed by the expiration month and year (e.g., BTCM21 for the Bitcoin futures contract expiring in June 2021).