【Blockchain Rhythm】CME Group’s latest move is worth paying attention to. On December 16, SOL, Micro SOL, XRP, and Micro XRP futures contracts all added the TAS feature, which is a trading mode based on the settlement price.
This feature essentially allows you to trade around the daily closing settlement price or near that price. What does this mean for traders looking to do precise hedging? First, it can significantly reduce settlement risk; second, it provides an efficient tool for risk management.
Both mainstream coins SOL and XRP have been supported, and even Micro contracts are included, indicating that both large and retail investors can use this new feature. For those needing to hedge exposure in the derivatives market, TAS trading undoubtedly offers another approach—especially when coin prices are highly volatile, operating based on the relatively stable reference point of the settlement price can indeed reduce many uncertainties.
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CME launches SOL and XRP futures TAS trading features, further upgrading hedging tools
【Blockchain Rhythm】CME Group’s latest move is worth paying attention to. On December 16, SOL, Micro SOL, XRP, and Micro XRP futures contracts all added the TAS feature, which is a trading mode based on the settlement price.
This feature essentially allows you to trade around the daily closing settlement price or near that price. What does this mean for traders looking to do precise hedging? First, it can significantly reduce settlement risk; second, it provides an efficient tool for risk management.
Both mainstream coins SOL and XRP have been supported, and even Micro contracts are included, indicating that both large and retail investors can use this new feature. For those needing to hedge exposure in the derivatives market, TAS trading undoubtedly offers another approach—especially when coin prices are highly volatile, operating based on the relatively stable reference point of the settlement price can indeed reduce many uncertainties.