What are the differences between CME and CBOE in the context of cryptocurrency?

3 answers

• Dec 26, 2021 · 3 years ago
  CME and CBOE are both well-known exchanges that offer cryptocurrency futures contracts. However, there are several differences between them. CME offers Bitcoin futures contracts, which are settled in cash, while CBOE offers Bitcoin futures contracts settled in Bitcoin. This difference in settlement method can have an impact on the trading strategies and risk management of traders. Additionally, CME has a larger market share and higher trading volume compared to CBOE, which can affect the liquidity and price discovery of the futures contracts.
  548274
• Dec 26, 2021 · 3 years ago
  When it comes to trading mechanisms, CME operates as a centralized exchange, where all trades are matched and cleared through the exchange itself. On the other hand, CBOE operates as a hybrid exchange, combining elements of both centralized and decentralized trading. This means that some trades on CBOE are executed through the exchange, while others are executed directly between traders. This difference in trading mechanisms can affect the speed and efficiency of order execution.
  484162
• Dec 26, 2021 · 3 years ago
  As for the impact on the cryptocurrency market, both CME and CBOE have brought increased institutional participation and legitimacy to the market through their introduction of Bitcoin futures contracts. However, it's worth noting that CME has a larger presence in the institutional market, with many institutional investors and funds using CME's futures contracts for hedging and speculation purposes. This has led to CME being seen as a more influential player in the cryptocurrency market compared to CBOE.
  508127