The CME Group launching two bitcoin price indexes in November





Effective Sunday, November 13 (trade date Monday, November 14), CME Group and Crypto Facilities will launch two bitcoin-pricing products designed to give clients a reliable reference rate price source for digital assets.



The pricing data will be disseminated via a streamlined Simple Binary Encoding (SBE) market data feed. This feed will publish the following Bitcoin standardized reference rate and real time index pricing data:



1. CME CF Bitcoin Reference Rate (BRR) provides a final settlement price in U.S. dollars shortly after 4 p.m. London time each day.



2. CME CF Bitcoin Real Time Index (BRTI) allows users real-time access to bitcoin prices.