CME Group Logs $326.7 Billion in Q3 Bitcoin Derivatives Value

CME Group’s third-quarter trading figures put Bitcoin derivatives at $326.7 billion in notional value, about 70% of the $469.5 billion generated across its cryptocurrency derivatives. Ether derivatives accounted for $118.8 billion. Together, Bitcoin and Ether reached $445.5 billion, roughly 95% of CME’s crypto notional total. CME’s cryptocurrency derivatives averaged about 196,000 contracts a day during the quarter. Across all products, average daily volume was 29.4 million contracts. Revenue reached $1.737 billion, up about 13% from a year earlier and a third-quarter record; net income was about $1 billion. The results add trading detail to CME’s third-quarter revenue report .

Source: TokenPost