Exchange operator CME to launch ‘micro’ versions of bitcoin, ether options

Men enter the CME Group offices in New York, U.S., October 18, 2017. REUTERS/Brendan McDermidRegister now for FREE unlimited access to Reuters.comRegisterMarch 1 (Reuters) – Futures exchange operator CME Group Inc (CME.O) is planning to launch micro bitcoin and ether options later this month to boost its appeal among retail traders, the company said on Tuesday.The contracts will be one-tenth the size of the two biggest cryptocurrencies and will be available to both institutional and individual traders. They will launch on March 28, pending regulatory review.Options contracts are used by traders to both protect themselves against big swings …
Read more…….