In the near future, Chicago Mercantile exchange (CME) is not going to launch futures products for altcoins because of their volatility and novelty. In an interview with Bloomberg said CME Group CEO Terry Duffy .
“I do not plan to place new products on the exchange until then, until you see where this is going. Now I take a wait and see position,” said Terry Duffy.
He also said that the December launch of bitcoin futures on CME can be one of the most controversial decisions for the entire 40-year history of the company.
Note that in may head of equity products and alternative investments, CME Group Tim McCourt said that the exchange does not exclude the possibility of the launch of futures products on Ethereum.
ForkLog previously reported that despite the unstable situation the first cryptocurrency, the average daily trading volume of bitcoin futures trading on the Chicago Mercantile exchange in the second quarter grew by 93%.