Tag: reference rate

CME Group Launches Bitcoin Reference Rate & Real Time Index

CME Group (Chicago Mercantile Exchange & Chicago Board of Trade) has partnered with digital asset marketplace Crypto Facilities Ltd., to launch the CME CF Bitcoin Reference Rate (BRR), and the CME CF Bitcoin Real Time Index (RTI). According to today‚Äôs press release, the BRR will provide a daily settlement price of the digital currency in US dollars at the close of each trading day (4pm London time), and the RTI …
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