CME CF Bitcoin Reference Rate (BRR) and CME CF Bitcoin Real Time Index (BRTI), a standardized reference rate and spot price index with rules-based oversight, are accelerating the professionalization of bitcoin trading and further establishing cryptocurrencies as a new asset class.

The BRR is a daily reference rate of the U.S. Dollar price of one bitcoin as of 4:00 p.m. London time. It is representative of the bitcoin trading activity on constituent exchanges.

The BRTI is a real time index of the U.S. Dollar price of one bitcoin, published once per second (24 hours per day, 7 days per week, 365 days per year). It is representative of current bids and offers of market participants to buy or sell bitcoin on constituent exchanges.

CME Group launched the BRR and BRTI on November 14, 2016 in partnership with Crypto Facilities Ltd (CF).