The CME Group named the timing of the launch of bitcoin futures

Announced earlier launch of bitcoin futures will occur during the second week of December this year. The head of the company Terry Duffy said this on Monday in the program "Power Lunch" on CNBC.

"I think contracts will be added to the listing somewhere in the second week of December," Duffy said.
According to him, CME Group does not set a goal to curb the volatility of bitcoin.

"We want to give other people a place where they could plan this risk. Today it is impossible to make short sales of bitcoin, so there is only one way: either you buy it or sell it to someone else. This creates a two-way market, and this is always more efficient. "

About the plans to launch trading in futures for Bitcoin, the leading stock exchange of financial derivatives CME Group announced on October 31. The new contracts will be launched on a cash settlement basis and will be based on the CME CF Bitcoin Reference Rate (BRR) - the reference rate of bitcoin against the US dollar compiled by the CME Group on Bitstamp, GDAX, itBit and Kraken.