This Dec. 8, 2017, file photo shows the Chicago Board Options Exchange website announcing that bitcoin futures will start trading on the Cboe on Sunday evening Dec. 10. (AP Photo/Kiichiro Sato, File)
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Another security based on the price of bitcoin, the digital currency that has soared in value and volatility this year, began trading on the Chicago Mercantile Exchange on Sunday.The CME Group, which owns the exchange, opened up bitcoin futures for trading at 6 p.m. EST on Sunday. The CME futures, like the ones that CME competitor the Cboe started trading last week, do not involve actual bitcoin. The CME's futures will track an index of bitcoin prices pulled from several private exchanges. The Cboe's futures track the price of bitcoin prices on the particular private exchange known as Gemini.Each contract sold on the CME will be for five bitcoin.
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