The crypto currency futures market on Wednesday will trade on the CME exchange, a move that was expected by investors after the announcement that the futures exchange would begin trading in mid-July.
The CME is one of the leading exchanges for the digital currencies bitcoin, ethereum and litecoin.
The CME Group announced that it would begin offering futures on Monday, May 3, 2018, making it the first major U.S. exchange to start offering futures.
The announcement by the exchange follows a weeklong period of slow trading.
On Tuesday, CME reported a loss of $6.5 million, after reporting net income of $3.7 million for the third quarter.
The news was widely anticipated.
On Thursday, Bloomberg reported that the trading volumes on CMT, the leading exchange for digital currencies, had slowed to a crawl, with daily volume dropping to its lowest level in three years.
The futures market, which is a secondary market for the cryptocurrency, is the most valuable spot in the crypto markets for many reasons, including its ability to move prices in a short timeframe and the ability to act as a clearinghouse for the trading of cryptocurrencies.
The launch of the futures market by CME and CME’s trading partner CME Global Markets comes at a time when the futures are in an environment where the cryptocurrency market is facing significant volatility.
In February, the price of bitcoin hit a record high of $7,749.99, and has since dropped to a low of $5,724.47.
In recent weeks, the cryptocurrency price has also hit record lows, dropping to around $2,800 on Tuesday and reaching $1,600 on Wednesday.
The cryptocurrency futures market is expected to be able to move the market significantly, said Alex Kowalczyk, chief technology officer at Crypto-Trade.
It’s likely that this will help to slow the volatility of the cryptocurrency markets, which can be particularly volatile in times of high volatility, he said.
As a result, it’s not necessarily a bad thing to be trading the futures on a platform like this, because it provides transparency for traders, he added.
The market could move more quickly than it otherwise would, as a result.
Kowalchowsky said the market can become a catalyst for the growth of crypto markets in the future.
The markets could also be used to help create a “revenue stream” for the exchanges, and provide liquidity for the companies that offer futures trading services.
This will likely be a positive for the markets, he noted.