CME Group Reports Record Crypto Trading Volumes

CME Group報告記錄加密交易量

CME Group, a leading US derivatives exchange, reported impressive cryptocurrency trading volumes for the fourth quarter of 2024 during its February 12 earnings call.

美國領先的美國衍生品交易所CME集團報告說，在2月12日的收益電話會議上，2024年第四季度的加密貨幣交易量令人印象深刻。

Surge in Crypto Derivatives Trading

加密衍生品交易激增

In Q4 2024, CME recorded an average daily trading volume of approximately $10 billion in crypto derivatives, a remarkable 300% increase compared to the previous year. The exchange attributed this growth to strong demand for such contracts.

在2024年第4季度，CME的平均每日交易量約為100億美元的加密衍生物，與上一年相比，平均增長了300％。交易所將這種增長歸因於對此類合同的強烈需求。

Strong Start to 2025

強勁的開始到2025

CME reported a promising start to 2025, with cryptocurrency contracts achieving the highest-ever monthly volumes in January. According to Lynn Martin, CME's chief financial officer, crypto derivatives "saw some of the biggest increases" among contracts.

CME報告了2025年的有前途的開端，加密貨幣合同在一月份獲得了有史以來每月最高的捲。根據CME首席財務官Lynn Martin的說法，加密衍生物“看到合同中最大的增長”。

Consultation with SEC

與SEC協商

CME CEO Terry Duffy emphasized the need for consultation with the US Securities and Exchange Commission (SEC) regarding the classification of various crypto products as securities or non-securities. He stated that "it's crucial to ensure their comfort level" in this matter.

CME首席執行官特里·達菲（Terry Duffy）強調需要與美國證券交易委員會（SEC）進行諮詢，以將各種加密產品分類為證券或非安全性。他說，在此問題上，“確保他們的舒適水平至關重要”。

Expansion of Crypto Offerings

加密產品的擴展

In January, CME announced plans to list options tied to its "bite-sized" Bitcoin Friday futures, reflecting the growing interest in cryptocurrency derivatives among retail investors.

1月，CME宣布了計劃列出與其“咬合大小的”比特幣週五期貨相關的選擇，這反映了零售投資者中對加密貨幣衍生品的興趣日益增長。

Competitive Landscape

競爭格局

CME operates as one of the largest derivatives exchanges in the US, with annual revenues of approximately $6 billion in 2024. It currently offers futures contracts and options for Bitcoin and Ether, but not for other digital asset types.

CME是美國最大的衍生工具交易所之一，在2024年的年收入約為60億美元。目前，它提供了比特幣和以太幣的期貨合約和期權，但對於其他數字資產類型不提供。

CME faces competition from exchanges such as Coinbase and Robinhood, which have launched or plan to launch crypto derivatives. Bitcoin futures alone have seen a surge in open interest, reaching over $60 billion as of February 12.

CME面臨來自Coinbase和Robinhood等交流的競爭，這些交流已推出或計劃推出加密衍生品。僅比特幣期貨，開放的興趣激增，截至2月12日，超過600億美元。

Understanding Futures and Options

了解期貨和選擇

Futures contracts are standardized agreements to buy or sell an underlying asset at a predetermined future date. Options contracts grant the right to buy or sell an underlying asset at a specific price, referred to as a "call" or "put" option.

期貨合約是標準化協議，以在預定的未來日期購買或出售基礎資產。期權合約授予以特定價格購買或出售基礎資產的權利，稱為“呼叫”或“ PUT”選項。