Physically Delivered Daily Bitcoin Futures

Description

ICE Futures U.S. offers physically delivered daily futures contracts on Bitcoin traded in BTC/USD (subject to regulatory approval). These contracts will be traded on ICE’s electronic trading platform, which offers industry-leading speed and reliability, regulated by the CFTC. All trades are cleared and guaranteed by ICE Clearing US, the central counterparty for all ICE cleared forex futures trades. Trades will result in physically delivered Bitcoin in ICE’s regulated Digital Asset Warehouse. Market participants are eligible to transact with any other market participants. ICE physically delivered bitcoin futures offer trading and hedging opportunities.

Market Specifications

Trading Screen Product Name

BTC/USD Futures

Trading Screen Hub Name

ICUS

Contract Series

Daily Futures

Trading Hours

8:00 pm to 6:00 pm EPT

Commodity Code

BTC

Contract Size

1 Bitcoin

Price Quotation

U.S. dollars per Bitcoin to 2 decimal places

Minimum Price Fluctuation

Five US Dollars ($5.00)

Daily Price Limit

None

Last Trading Day

5:00 p.m. Eastern Prevailing Time (EPT) on the Business Day of the Daily Contract Date

Final Settlement

Last Trading Day

MIC Code

IFUS

Clearing Venues

ICUS