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Cboe Conducts April Settlement Of Cboe Bitcoin Futures

Date 19/04/2018

Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced the settlement of the April expiry Cboe bitcoin (XBT) futures,  the fourth contract settlement conducted since its launch in December.

The settlement price was $8,055.68, as determined by the 4:00 p.m. ET Gemini1  Exchange bitcoin auction.

Cboe bitcoin futures, the first regulated futures of their kind, launched on December 10, 2017. As of April 18, 2018, more than 557,000 contracts  have traded across expiries since the launch, representing a notional value of over $5.7 billion. The contracts, which are cash-settled, were specifically designed to allow participants to implement straightforward trading strategies through settlement to a single, tradable auction price as calculated by Gemini.

For more information about XBT futures, please visit here.