No Rush for More Cryptocurrency Futures at CME, CEO Duffy Says

No Rush for More Cryptocurrency Futures at CME, CEO Duffy Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the current trends in crypto futures, focusing on the rise in volumes and the potential for expanding product portfolios to include other crypto assets. The speaker highlights the controversial launch of Bitcoin futures, emphasizing the need for control due to its volatility. The institution's reputation and credibility are prioritized, with a cautious approach to new products. Global flows are analyzed, showing diverse origins but not high volumes, indicating a gradual market development.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's view on the launch of Bitcoin futures?

It received little recognition compared to other products.

It was a smooth and uncontroversial launch.

It was launched without any market controls.

It was the most controversial launch in their career.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the speaker prefer a 'wait and see' approach with Bitcoin futures?

To quickly expand into other cryptocurrencies.

To maintain the institution's reputation and credibility.

To increase trading volumes immediately.

To reduce the contract size compared to competitors.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where is the interest in Bitcoin futures coming from, according to the speaker?

Primarily from Asia.

Mainly from Europe.

From multiple parts of the world.

Only from North America.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the contract size of the speaker's institution compare to competitors?

It is the same size as competitors.

It is twice as large as competitors.

It is smaller than competitors.

It is five times larger than competitors.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current trading volume of Bitcoin contracts mentioned by the speaker?

18 and a half million contracts a day.

A couple thousand Bitcoin contracts a day.

100,000 Bitcoin contracts a day.

10,000 Bitcoin contracts a day.