<p>Futures exchange operator CME Group Inc is planning to launch micro bitcoin and ether options later this month to boost its appeal among retail traders, the company said on Tuesday.</p>.<p>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.</p>.<p>Options contracts are used by traders to both protect themselves against big swings in the price of shares and to speculate on the direction of price moves.</p>.<p>Despite a march to the mainstream, prices of cryptocurrencies have swung wildly in the past year as central banks signal the end of pandemic-era economic stimulus and chart interest rate hikes to tame unruly inflation.</p>.<p>CME last year launched "micro" versions of its bitcoin and ether futures. Futures are contracts that obligate the holder to buy or sell the asset at a specific date.</p>.<p><strong>Check out latest DH videos here</strong></p>
<p>Futures exchange operator CME Group Inc is planning to launch micro bitcoin and ether options later this month to boost its appeal among retail traders, the company said on Tuesday.</p>.<p>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.</p>.<p>Options contracts are used by traders to both protect themselves against big swings in the price of shares and to speculate on the direction of price moves.</p>.<p>Despite a march to the mainstream, prices of cryptocurrencies have swung wildly in the past year as central banks signal the end of pandemic-era economic stimulus and chart interest rate hikes to tame unruly inflation.</p>.<p>CME last year launched "micro" versions of its bitcoin and ether futures. Futures are contracts that obligate the holder to buy or sell the asset at a specific date.</p>.<p><strong>Check out latest DH videos here</strong></p>