CME, Crypto Facilities To Launch Ether Reference Rate And Index

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CME Group, the Chicago-based derivatives marketplace, has teamed up with London-based cryptocurrency trading platform Crypto Facilities Ltd to launch the CME CF Ether-Dollar Reference Rate. It will provide a daily benchmark price in U.S. dollars at 4pm London time.

The pair is also launching CME CF Ether-Dollar Real Time Index, which will allow users access to a real-time Ether price in U.S. dollars.

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