CME, CBOE and XBT - Bitcoin Futures Settlement Dates

CONTENTS

    Introduction

    This indicator tracks the quarterly/yearly settlement dates for the CME/CBOE/Bitmex Bitcoin futures.

    Let's continue with some quick definitions:

    A Futures Contract is a derivative product and is an agreement to buy or sell a commodity, currency or other instrument at a predetermined price at a specified time in the future. They are either physically settled or cash settled.

    Cboe Futures Exchange, LLC (CFE) offered the very first Bitcoin futures products on December 10, 2017. This is one of the biggest milestones for bitcoin since it emerged in the wake of the 2008-09 financial crisis. Bitcoin futures are supposed to bring greater liquidity and efficient price discovery to the ecosystem.

    CME Group's Bitcoin futures are cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of the U.S. dollar price of bitcoin.
    Last Day of Trading is the last Friday of contract month. Trading in expiring futures terminates at 4:00 p.m. London time on Last Day of Trading. 

    The script URL can be found down below

    Indicator settings

    CBOE/CME Bitcoin futures settlement dates script

    We can select up to 3 futures:

    - XBTU19
    - XBTZ19
    - CME

    Methodology

    The indicator colors the open/settlement dates for all the selected futures.
    Daveatt included a warning period based on a number of days. The point is to get alerted X days before a future settlement will occur.

    Pricing plans and indicator

    We offer many indicators and also complete trading frameworks.
    We made the heavy-leg work for 7 years for our community and selected the best convergence of indicators to be used for each asset class and timeframes.
    We will never promise gains but we could almost guarantee you'll save a lot of time/sweat/even years by using our algorithmic trading frameworks already used by a large community of traders

    More info on our Pricing Plans and Guides

    Script URL

    The trading script is available on TradingView


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    Do you want a better Trading Performance?

    Hey, I'm Dave. I'm determined to make a trading account grow.
    My only question is, will it be yours?

    The signals and trading method frameworks are available to our VIP subscribers