Dear #Steemitians Friends,
What do you see in above Pic??
A office where lots of people are sitting and something happening on the screen related to chart of data or A big banner with CME Group logo.
Now see this pic.
what is happening in this pic???
Few people are crying and few are looking in tension.
Do you have Idea about both Pics??
I think most of you are still unaware about above #CMEfutures don't know about above pics yet you are Trading in Crypto.
Don't worry now see this pic.
Yes, this Building is the located in New York, USA and known as CME futures group office.
Let's know about About CME fututes.
So, Your or mine Question is
WHAT IS CME FUTURES????
#CME_FUTURES is formally known as "Chicago Mercantile Exchange & Chicago Board of Trade"
As the #Exchange word mention in the name, that means this is related to trading in Stock market or in Forex market.
This is a online trading platform also owns the famous Stock Exchange #Dow Jones stock and financial Indexes.
The #Economist described CME FUTURES as "The biggest financial Exchange you have never heard of".
Because CME holds the power to control the top stocks of the world.
Investors earns Billions of profit everyday from here on the other hand Investors also losses Billions of their hard earn money everyday from Stock market.
The CME futures trade mainly in the Agriculture, Energy, Stock Indices, foreign Exchanges, Interest rates, metals, real estate and weather.
See here the official Website of CME futures
https://www.cmegroup.com/
So, why I'm talking About CME futures??
Yes, this is the best question. I have to answer it.
I'm a crypto trader and Stock market and Crypto market both are different things.
Yes, Exactly both are different.
But now one thing I forget to tell you about CME futures, that is CME futures entered in our market few months back.
Yes the biggest Financial Exchange is now in our Bitcoin market.
Last year Dec. When Crypto market was on Boom at that time CME futures decided to enter in Crypto market and launched there own Bitcoin futures.
The first day of CME in Crypto trading was awesome and our Bitcoin touched ATH (all time high) $20,000 within hours of CME futures trading started and Expert told that Bitcoin might be touch $50,000 but every thing reversed from there.
And After that what happen with Bitcoin market every one knows..
What is CME futures and Risk Management (Bitcoin Crash)??
Now I'm going to answer here about some point of risk management While we trading with CME futures group.
With lots of uncertainties always present in the world, futures allows sellers of the underlying commodities to know certainty the price they will receive for their product at the market.
A large family of the future exchanges such as CME and others, always provides a list of rules and regulations about the certainty or uncertainty of the market about liquidity, centralisation etc.
But the Bitcoin market started pouring after CME group because lots of Investors and few Whales started taking benifits and common investors started losing their money.
Continue.....
@devkapoor423 (Dev Kapoor)
Very good article and very good information about CME stock exchanger, we did not know about such a large stock exchange, but you told us in this article CME is a very big stock exchange of the world. For those who invest in the stock market, there is a very good exchange for investment.
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