Examples of CME CF BRR in a sentence
However, the CME, which calculates the CME CF BRR, and which has offered contracts for Bitcoin futures products since 2017, is, as noted below, a member of the ISG.
This is because the Fund will roll its futures holdings prior to settlement of the expiring contract and intends to never carry futures positions all the way to cash settlement (the only date that the BTC Contracts and MBT Contracts settle to the CME CF BRR).
The CME CF BRR is then determined by the equally-weighted average of the volume-weighted medians of all partitions.The CME CF BRR does not include any futures prices in its methodology.
Further, the capital necessary to maintain a significant presence on any Constituent Platform makes manipulation of the CME CF BRR unlikely.
The CME CF BRR is administered by the administrator for the CME CF BRR (the “BRR Administrator”).
They should also specify whether this will make the proposed quarterly reporting unnecessary and why or why not.
Additionally, the capital necessary to maintain a significant presence on any Constituent Platform would make manipulation of the CME CF BRR unlikely.
Because the CME CF BRR is based solely on the price data from the Constituent Platforms, manipulating the CME CF BRR must necessarily entail manipulating the price data at one or more Constituent Platforms.
However, the CME, which calculates the CME CF BRR, and which has offered contracts for bitcoin futures products since 2017, is, as noted below, a member of the ISG.
The CME CF BRR value is available on the CME website and from major market data vendors.