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What are the contract specs for CME bitcoin futures?

Here is a brief look at the contract specs for CME Bitcoin futures: From a practical standpoint, CME full-sized BTC futures are relatively expensive to trade. The significant tick value of $25.00 restricts many retail participants from becoming involved with the full-sized contract.

What is the difference between CME micro Bitcoin and BTC?

Featuring reduced leverage and tick value, the CME Micro Bitcoin offers superior granularity and scalability: As you can see, the MBT contract is much smaller than the full-sized BTC issue. Accordingly, the margin requirements are far more manageable, totaling around $2,000 per lot.

What are CME's circuit breakers for bitcoin futures?

CME’s circuit breakers for bitcoin futures will be triggered at 7%, 13% and 20% price movement in either direction from the daily settlement price of the prior business day. Trading will be halted, if the price for bitcoin futures moves more than 20%.

What are the CME contracts?

The CME contracts are based on the Bitcoin Reference Rate (BRR) index, which aggregates bitcoin trading activity across four bitcoin exchanges - itBit, Kraken, BitStamp, and GDAX - between 3pm and 4pm GMT.

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