CME Micro Cryptocurrency Futures MBT and MET
MBT ETHCME Micro Cryptocurrency futures-MBT and MET

futures

 

Inquiry : 2277 6677

 

e-mail : futures@phillip.com.hk

 

 

Contract Specification

Item Specification
Contract CME Micro Bitcoin Futures(MBT) CME Micro Ether Futures(MET)
Contract Unit / Contract Multiplier 0.10 Bitcoin 0.10 Ether
Minimum Fluctuation Outright:5.00 Index point=$ 0.50 per contract Outright:0.5 Index point=$ 0.05 per contract
Listing Cycle Six consecutive monthly contracts inclusive of the nearest two December contracts
Trading Hours Monday to Friday 6:00a.m. to 5:00 a.m.(HKT)
Last Trading Day Last Friday of contract month
Settle Method Cash settled by reference to final settlement price, equal to the CME CF Bitcoin Reference Rate (BRR) on last day of trading Cash settled by reference to final settlement price, equal to the CME CF Ether Reference Rate (ETHUSD_RR) on last day of trading.

2. How to acquire the market data of MBT and MET from Phillip?

You just need to have a futures account and apply for the market data service. It is free for clients of Greater China Region.

3. What is the benefits of CME Micro cryptocurrency Futures?

Lower counterparty risk, price discovery of transparent futures, where all participants see the same prices and quotes, and more control over the amount of bitcoin or ethereum exposure by cash settled method.

4.How is the final settlement price of MBT and MET determined?

The final settlement price is based on the CME CF Reference Rate at 4:00 p.m. London time on the expiration day of the futures contract.
Details of BRR / ETHUSD_RR :
https://www.cfbenchmarks.com/docs/CME+CF+Reference+Rates+Methodology.pdf
https://www.cfbenchmarks.com/indices/BRR https://www.cfbenchmarks.com/indices/ETHUSD_RR

5. What is the risk factor of cryptocurrency?


Top of Page
Contact Us
Please contact your account executive or call us now.
Foreign Futures
Tel : (852) 2277 6677(Mon. 7:00 am ~ Sat. 5:00 am)
Email : futures@phillip.com.hk

Enquiry & Support
Branches
The Complaint Procedures
About Us
Phillip Securities Group
Join Us
Phillip Network
Phillip Post
Phillip Channel
Latest Promotion
E-Check
Login
Investor Notes
Free Subscribe
Contact Us