CME to start offering options on bitcoin futures early next year

NEW YORK (Reuters) - CME Group, the world's largest futures exchange operator, said on Friday it plans to launch options on its bitcoin futures contracts in the first quarter of 2020, giving traders another way to hedge their risk in the cryptocurrency.CME launched bitcoin futures in December 2017 and has signed up 3,300 individual accounts and had 20 successful expiration settlements since then, the company said. "These new products are designed to help institutions and professional traders to..