Contract Specification

Item	Specification
Contract	CME Micro Bitcoin Futures(MBT)	CME Micro Ether Futures(MET)
Contract Unit / Contract Multiplier	0.10 Bitcoin	0.10 Ether
Minimum Fluctuation	Outright：5.00 Index point=$ 0.50 per contract	Outright：0.5 Index point=$ 0.05 per contract
Listing Cycle	Six consecutive monthly contracts inclusive of the nearest two December contracts
Trading Hours	Monday to Friday 6:00a.m. to 5:00 a.m.(HKT)
Last Trading Day	Last Friday of contract month
Settle Method	Cash settled by reference to final settlement price, equal to the CME CF Bitcoin Reference Rate (BRR) on last day of trading	Cash settled by reference to final settlement price, equal to the CME CF Ether Reference Rate (ETHUSD_RR) on last day of trading.

2. How to acquire the market data of MBT and MET from Phillip?

You just need to have a futures account and apply for the market data service. It is free for clients of Greater China Region.

3. What is the benefits of CME Micro cryptocurrency Futures?

Lower counterparty risk, price discovery of transparent futures, where all participants see the same prices and quotes, and more control over the amount of bitcoin or ethereum exposure by cash settled method.