Bitcoin Derivatives One Step Closer

The CME and ICE have each announced they will begin providing data on a bitcoin price index last this year.  This is very exciting news for bitcoin participants as it get the market one step closer to derivatives trading, which would bring the possibility of listed futures & options, which would also enable the market to price all sorts of new information that derivatives trading would reveal about bitcoin.  Bitcoin derivatives would also open another way for the market to earn a rate of return from the investment of bitcoin and also contribute to better pricing information on the implied interest rate for various types of bitcoin financial transactions.

CME Group to publish daily bitcoin settlement price

CHICAGO CME Group Inc (CME.O) plans to begin publishing a daily settlement price for bitcoin and real-time price data as the futures market operator moves into the world of the digital currency. Starting in the fourth quarter, the new settlement price will be published in U.S. dollars at 4 p.m.