The Chicago Mercantile Exchange (CME Group), the largest derivatives market in the world, enabled this Monday, October 13, the trading of options on futures for the cryptocurrencies XRP and solana (SOL).
This launch, announced by the company itself, expands the offering of regulated products beyond bitcoin (BTC) and ether (ETH).
The new financial instruments are regulated by the United States Commodity Futures Trading Commission (CFTC). They will be offered in standard and micro size contractsallowing both large institutions and individual traders to participate.
A financial option, as explained in the CriptoNoticias Glossary, is a contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at an agreed price on a future date. These derivatives are key tools for investors to manage risk, speculate on price movements and generate income.
The inclusion of XRP and solana in the CME Group catalog represents an important step towards the maturity of its marketsby providing them with greater liquidity and offering institutional investors regulated vehicles to gain exposure to these ecosystems.