Cboe, CME to launch Bitcoin futures contracts on Dec. 10 & Dec. 17 respectively

Reuters reported on Thursday that Cboe Global Markets Inc and CME Group Inc will launch futures contracts on Bitcoin on Dec. 10 and Dec. 17 respectively.

Key Contract Details:

“The Cboe Bitcoin Futures Contract will use the ticker XBT and will equal one bitcoin.

The CME Bitcoin Futures Contract will use the ticker BTC and will equal five bitcoins.

Cboe’s XBT contract will trade on CFE, with regular trading hours of 9:30 a.m. to 4:15 p.m. Eastern time on Mondays and 9:30 a.m. to 4:15 p.m Tuesday through Friday. Extended hours will be 6 p.m. Sunday to 9:30 a.m. Monday, and 4:30 p.m. Monday through to 9:30 a.m. Friday.

-CME’s BTC will trade on CME Globex and CME ClearPort Sunday to Friday from 6 p.m. - 5 p.m. Eastern time with a one-hour break each day beginning at 5 p.m.”