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Share Name | Share Symbol | Market | Type |
---|---|---|---|
CME Group Inc | NASDAQ:CME | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 207.65 | 207.50 | 208.75 | 2 | 11:00:51 |
CME Group Inc. (CME) Executive Chairman Terry Duffy said on Fox Business Network Thursday that the exchange is "doing a little bit of work" looking at Bitcoins.
"To be honest, we are doing a little bit of work looking at them," he said, "but I mean a little and that's it.
"First of all they are backed up by nothing. I think there's a little bit of misdirectives around Bitcoins and how they actually work," he said.
"Now that there's a potential cash settlement index going through with Bitcoins, that were developed by a couple of young men, it will be interesting to see how that pricing mechanism kicks in and if it adds some stability to the overall market," he said.
"It's in its infancy right now, and you never say never, so you keep a watch on these things," he said.
Web site: www.foxbusiness.com
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