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CME Micro Bitcoin Futures

CME Group Micro Bitcoin Futures

CME Group Micro Bitcoin Futures

Micro-sized Contracts. Major Crypto Opportunities.

CME Group Micro Bitcoin Futures Contracts
Available at IBKR for the Lowest1 Cost

At 1/10 the size of one bitcoin, Micro Bitcoin futures (MBT) provide an efficient, cost‑effective way to fine‑tune bitcoin exposure and enhance your trading strategies. Enjoy the features of Bitcoin futures (BTC) in a smaller slice that gives active traders more choices for managing bitcoin price risk.

TRADE A SLICE OF BITCOIN FUTURES:
Get the same features as the larger five-bitcoin contract, at 1/50 of its contract size, settled to the regulated CME CF Bitcoin Reference Rate (BRR).

PRICE DISCOVERY AND TRANSPARENCY:
Trade on a regulated exchange and enjoy the price discovery of transparent futures, where all participants see the same prices and quotes.

PRECISELY SCALE BITCOIN EXPOSURE:
Add more control over the amount of bitcoin exposure in your trading strategies.

CAPITAL EFFICIENCY IN CRYPTO TRADING:
Save on potential margin offsets with Bitcoin futures and options and Ether futures, plus add the efficiency of futures contracts.

Contract Specifications
Contract Size 0.10 bitcoin
Trading Hours and Venue

CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT)

CME ClearPort: 6:00 p.m. Sunday to 6:45 p.m. Friday ET (5:00 p.m. - 5:45 p.m. CT) with a 15-minute maintenance window between 6:45 p.m. - 7:00 p.m. ET (5:45 p.m. - 6:00 p.m. CT) Monday - Thursday.

Minimum Price Fluctuation

Outrights: $5 per bitcoin = $0.50 per contract

Spreads: $1 per bitcoin = $0.10 per contract

Product Code

CME Globex: MBT
CME ClearPort: MBT
Clearing: MBT
IBKR: MBT

Listing Cycle

Six consecutive monthly contracts inclusive of the nearest two December contracts.

Final Settlement

Cash settled by reference to final settlement price, equal to the CME CF Bitcoin Reference Rate (BRR) on last day of trading.

Termination of Trading

Trading terminates at 4 p.m. London time on the last Friday of the contract month. If that day is not a business day in both the U.K. and the US, trading terminates on the preceding day that is a business day for both the U.K. and the U.S.

Interested in Trading CME Group Micro Bitcoin Futures at IBKR?

IBKR Clients – Log in to Client Portal

If you already have Futures trading permission, you can begin trading CME Group Micro Bitcoin Futures.

If you do not already have Futures trading permission, log in to Client Portal and request Futures trading permission via the Settings > Account Settings > Trading Experience & Permissions menu item. Trading permission requests are typically approved overnight.

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New Client? Open an IBKR Account

Interactive Brokers (Nasdaq: IBKR) is an automated global electronic broker who serves individual investors, hedge funds, proprietary trading groups, registered investment advisors and introducing brokers. Our four decade focus on technology and automation allows us to provide our clients with a uniquely sophisticated, low cost global platform for managing investments.

Enjoy low cost access to stocks, options, futures, currencies, fixed income and ETFs on over 150 market centers in 34 countries. Learn why Barron's rated IBKR as "Rated #1 – Best Online Broker" in 2023.

TRADING IN BITCOIN FUTURES IS ESPECIALLY RISKY AND IS ONLY FOR CLIENTS WITH A HIGH RISK TOLERANCE AND THE FINANCIAL ABILITY TO SUSTAIN LOSSES.

Learn more about the risks of trading Bitcoin products.

Options and Futures: Options and Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading options read the Characteristics and Risks of Standardized Options. Before trading futures, please read the Security Futures Risk Disclosure Statement.

Although the size of the Micro Bitcoin contracts are 1/10th the size of their classic Bitcoin counterparts, pricing may not exactly track the pricing of the Bitcoin futures.

For information on accolades received, visit our awards page.

Disclosures:

  1. Lowest Cost Broker according to StockBrokers.com Online Broker Survey 2023: Read the full article Online Broker Reviews, May 18, 2023. "Because Interactive Brokers' core clientele are professional traders and institutional investors (e.g., hedge funds), it is crucial to provide the lowest commissions schedule available. In our rigorous assessment, there is no question Interactive Brokers delivers."