3 ms·
Maybe replicating was too strong of word What I meant was, how they plan on "replicating", constructing the index value ,in which ,they( the CME) will base the
by bob_theslob646 9y ago
Maybe replicating was too strong of word
What I meant was, how they plan on "replicating", constructing the index value ,in which ,they( the CME) will base the value of bitcoin to be.
It is detailed here. https://www.cmegroup.com/trading/files/bitcoin-reference-rate-methodology.pdf https://www.cmegroup.com/trading/files/bitcoin-reference-rat...
CNBC stated that it is a weighted average of 4 index's in the video, but could not find anything of the sort in the article (https://www.cnbc.com/2017/10/31/cme-plans-to-launch-bitcoin-futures-by-year-end.html https://www.cnbc.com/2017/10/31/cme-plans-to-launch-bitcoin-...)
- kgwgk 9y agoThe press release gives some details. The exchanges are Bitstamp, GDAX, itBit and Kraken. http://www.cmegroup.com/media-room/press-releases/2017/10/31/cme_group_announceslaunchofbitcoinfutures.html http://www.cmegroup.com/media-room/press-releases/2017/10/31...