Markets Home

Active trader

Hear from active traders about their experience adding CME Group futures and options on futures to their portfolio.

Find a broker

Search our directory for a broker that fits your needs.

CREATE A CMEGROUP.COM ACCOUNT:

MORE FEATURES, MORE INSIGHTS

Get quick access to tools and premium content, or customize a portfolio and set alerts to follow the market.
Market Data Home

Real-time market data

Stream live futures and options market data directly from CME Group.

E-quotes application

Access real-time data, charts, analytics and news from anywhere at anytime.

CME DATAMINE:

THE SOURCE FOR HISTORICAL DATA

Explore historical market data straight from the source to help refine your trading strategies.
Services Home

Uncleared margin rules

Understand how CME Group can help you navigate new initial margin regulatory and reporting requirements.

Calculate margin 

Evaluate your cleared margin requirements using our interactive margin calculator.
Education Home

FX Insights from Macro Hive

Receive exclusive insights on key FX macro themes, volatility trends, and market events through our bi-weekly report.

Create a CMEGroup.com Account: More features, more insights

Get quick access to premium educational content, including expert-led webinars, a real-time trading simulator, and more.
      Course Overview
      • Defining Ether and Ethereum
      • CME CF Ether Reference Rate & Real Time Index
      • Ether futures product overview
      Introduction to Ether
      You completed this course.Get Completion Certificate

      CME CF Ether Reference Rate & Real Time Index

      Video not supported!

      Ether is growing in its popularity amongst cryptocurrency traders.  Spot prices for these markets vary across the exchanges that offer Ether for trading.

      Responding to the need for enhanced pricing information on rapidly growing cryptocurrencies, CME Group and CF Benchmarks have created standardized reference rates and real-time indices for Ether.

      The products include a spot price index called the CME CF Ether Dollar Real Time Index – known as ETHUSD_RTI. And a reference rate called the CME CF Ether Dollar Reference Rate, or ETHUSD_RR. 

      Both are designed to help accelerate the professionalization of Ether trading.

      Oversight of these products is managed by an independent committee that sets forth a code of conduct and meets regularly to review the practice, standards and definition of the rate to ensure its relevancy and integrity.

      CME CF Ether Dollar Real Time Index

      ETHUSD_RTI is a real-time index of the U.S. Dollar price of one Ether, published once per second – 24 hours a day, 365 days per year. This index provides real time transparency to the U.S. dollar price of Ether.

      CME CF Ether Dollar Reference Rate

      ETHUSD_RR is a daily reference rate of the U.S. Dollar price of one Ether as of 4:00 p.m. London time.

      Each day, the ETHUSD_RR aggregates the trade flow of major Ether spot exchanges during a specific one-hour calculation window.  This one-hour window is then partitioned into twelve, five-minute intervals, where the ETHUSD_RR is calculated as the equally-weighted average of the volume-weighted medians of all twelve partitions.

      This ETHUSD_RR calculation ensures tradability and replicability in the underlying spot markets.

      Summary

      The real-time index, ETHUSD_RTI and the reference-rate index, ETHUSD_RR will both further enhance market participants’ risk management of digital assets by providing credible reference rate and real-time price sources to the marketplace.

      To learn more about the CME CF Ether dollar reference rates, please visit cmegroup.com/ether.


      Test your knowledge

      Related Courses
      /content/cmegroup/en/education/courses/introduction-to-ether/cme-cf-ether-reference-rate-real-time-index
      • {{ course.name }}
      Previous Lesson
      Next Lesson
      Course Overview
      Get Completion Certificate
      Previous Lesson Next Lesson
      • YouTube
      • Twitter
      • Facebook
      • LinkedIn
      • Instagram
      • Rss

      CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
      Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

      © 2021 CME Group Inc. All rights reserved.

      Disclaimer  |  Privacy Policy  |  Cookie Policy  |  Terms of Use  |  Data Terms of Use  |  Modern Slavery Act Transparency Statement  |  Report a Security Concern