Futures open interest (OI) is the total number of open futures contracts for an asset held by market participants. Open interest on futures contracts for any given asset varies daily, representing the amount of cash flowing into the market. A growing OI means that more money is moving into futures contracts, while a declining trend…
Crypto derivatives trading was responsible for 63.4% of the entire crypto market in September as its trading increased by 1.54% month over month to reach $2.71 trillion, according to CryptoComapre data. Changpeng Zho-led Binance accounted for 60.1% of this derivatives trading volume among exchanges in September. This trend continued from July and August when its…
One of the largest derivatives markets in the world, the Chicago Mercantile Exchange (CME) Group on Tuesday announced its plans to launch Ethereum-based micro futures by December 6. Meet the newest addition to the CME Cryptocurrency product line-up ‒ Micro Ether futures are arriving on December 6. Find out more: https://t.co/1J2oX55Uc3 pic.twitter.com/HbcK3rpaqU — CME Group…