CME Group, one of the world’s largest derivative exchanges, has implemented a new service that will enable US individual investors to carry out futures on Bitcoin, Ethereum and other Altcoins by collaborating with the investment application Robinhood. Within the scope of this new agreement, Altcoin investors will soon access different term transaction contracts.
CME Group and Robinhood will offer futures with crypto currency
CME Group and Robinhood Derivativees made a common announcement and announced that individual investors in the US can now access the most popular futures contracts. In this context, Bitcoin and Ethereum futures, as well as large stock indices, foreign exchange, metals and commodities, such as beings will be offered for beings. The launch process has already begun and the scope is expected to expand in the coming weeks.
Julie Winkler, the Chief Commercial Office of CME Group, said about this new service:
We are very pleased to present our most popular futures contracts to the broad individual investor network in Robinhood.
Winkler also emphasized that the interest in the futures trade has increased and that individual investors who want to make their own investment decisions are directed to futures in order to diversify their portfolios.
Robinhood’s new futures interface
Robinhood announced that it will offer a new mobile commercial platform specially developed to facilitate futures trade trade. This system will provide a user -friendly interface and transaction efficiency and will make transactions faster and easier for individual investors.
JB Mackenzie’s General Manager of Robinhood’s Futures and International Markets (VP & GM of Futures and International) said:
This process interface, which we redesigned the user experience and offers some of the lowest wages in the sector, makes the futures trade trade in Robinhood an attractive option for investors.
Thanks to this updated mobile interface, futures investors will be able to make market analysis faster and easily make strategic decisions.
New Altcoin and Futures Opportunities for US investors
In addition to Robinhood’s broad individual investor network, Bitcoin and Ethereum futures offered by CME Group raise new opportunities for many investors. Such derivative products, which have previously been largely open to the use of corporate investors, will now be presented to individual investors.
With this partnership, individual investors can make more effective risk management against market fluctuations and expand their investment strategies with leveraged transactions.
