May 02, 2024
CME CF Bitcoin Reference Rate - Asia Pacific Variant: Explainer Video
The CME CF Bitcoin Reference Rate - Asia Pacific Variant (BRRAP) is a once a day benchmark index price for Bitcoin that aggregates trade data from multiple Bitcoin-USD markets operated by major cryptocurrency exchanges that conform to the CME CF Constituent Exchange Criteria. It is the pre-eminent index price for Bitcoin risk settlement that is synchronized to 1600 Hong Kong Time. The CME CF Bitcoin Reference Rate - Asia Pacific Variant was incepted on September 11th 2023. The Index is a Registered Benchmark under UK BMR and as such is a Third Country benchmark under the EU BMR Regime.
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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.
Note: Some of the underlying instruments cited within this material may be restricted to certain customer categories in certain jurisdictions.
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