TLDR Crypto · MARKETS & BUSINESS

CME LOOKS TO TAKE ON BINANCE AND COINBASE, COULD LAUNCH SPOT BITCOIN TRADING

coindesk.com1 min read

Summary from the TLDR Crypto newsletter

The Chicago Mercantile Exchange intends to offer spot Bitcoin trading to its clients as demand for the product increases. As a global derivatives powerhouse, it hosts the top Bitcoin futures exchange by open interest, while Binance leads in spot trading volume. A spot market would allow for complex spot and futures strategies to be executed in the same place.