Bitcoin: Will Stunning Rally Sustain or Sour in 2018?

Bitcoin: Will Stunning Rally Sustain or Sour in 2018? By Erik Norland, Senior Economist, CME Group Highlights Growth in bitcoin supply has slowed after first four years The computational difficulty in mining bitcoin rises with prices Transaction costs are rising, like before the 2010, 2013 price crash Is bitcoin market mature enough to weather the spike … Read More

CME Group to Launch Bitcoin Futures on December 18

CME Group will launch Bitcoin futures on Sunday, December 17, 2017, for first trade date December 18, to provide market participants with a new tool for managing bitcoin market risk and volatility. Based on the CME CF Bitcoin Reference Rate (BRR), Bitcoin futures mark a natural evolution of the BRR, which has provided market participants … Read More

Relationship-Based Trading in Agricultural Products

Effective January 8 pending regulatory approval, CME Group will expand relationship-based trading, in the form of block trades and certain types of crosses on Globex, to the full suite of CME and CBOT agricultural products. Relationship-based trading, encompasses communication between market participants for the purpose of discerning interest in and facilitation of executing a transaction. … Read More

VIX-Yield Curve: At the Door of High Volatility?

VIX-Yield Curve: At the Door of High Volatility? By Erik Norland, Senior Economist, CME Group Highlights VIX-yield curve charts show four stages before an economic downturn The telltale signs were present during the tech bubble, Great Recession U.S. currently in the mid-to-late stage of that economic cycle Further Fed tightening could eventually lead to a surge … Read More

Saudi Arabia: Turbulence on the Horizon?

Saudi Arabia: Turbulence on the Horizon? By Erik Norland, Senior Economist, CME Group Highlights Oil market unfazed by Saudi Arabia’s ambitious reform plans Princes, billionaires and officials arrested in anti-corruption drive Any backlash could cause instability in Saudi oil-rich Shiite regions U.S. oil companies potential winners if Saudi supply is disrupted Read Full Article NYMEX WTI … Read More