Cryptocurrency
Five block trades made up 81% of CME’s recent bitcoin options contract volume
As reported on The Block, “Derivatives exchange CME Group has seen a significant pickup of its bitcoin options contract volume over the past week, although five trades accounted for around 81% of these contracts. “From May 12 to May 19, a total of 3,059 bitcoin options contracts traded hands, marking May the most active month […]
As reported on The Block, “Derivatives exchange CME Group has seen a significant pickup of its bitcoin options contract volume over the past week, although five trades accounted for around 81% of these contracts.
“From May 12 to May 19, a total of 3,059 bitcoin options contracts traded hands, marking May the most active month in CME’s history of bitcoin options trading. Among them, 2,490 contracts can be attributed to five block trades, which are transactions conducted off the public exchange order book due to their large quantities…”