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CME Group has started rolling out futures contracts on Robinhood, giving US retail traders access to cryptocurrency and other asset classes. CME Group Expansion of Futures Trading on Robinhood CME Group and Robinhood Derivatives, LLC in a press release have revealed that retail traders based in the US will now be able to trade some of the most traded futures contracts. These include Bitcoin and Ether futures, futures on the major equity indices, foreign exchange, metals and commodities. The rollout has started and will continue over the course of the following weeks. Julie Winkler, CCO at CME Group said, “We are happy to extend some of our most liquid futures contracts to the millions of retail traders on Robinhood.” She pointed out that the popularity of futures trading has risen among self-directed investors seeking diversified investment products. Robinhood has recently launched a new mobile trading ladder with the view of making trading efficient and convenient. JB Mackenzie, Vice President and General Manager of Futures and International at Robinhood stated, “This new experience along with the lowest fees in the market make trading futures at Robinhood simple.” Introduction of Bitcoin Friday Futures Options CME Group has also disclosed that it will begin offering options on its Bitcoin Friday futures on February 24, subject to regulatory approval. These options will be the first cryptocurrency options from CME that will be cash settled. Expirations will be available every business day from Monday through Friday. Giovanni Vicioso, CME Group’s Global Head of Cryptocurrency Products, said that these new options will provide traders with an exact tool to deal with short-term Bitcoin price volatility. ”The size of these contracts, as well as daily expirations, provide market players with a capital-efficient set of instruments to manage their exposure to Bitcoin,” he said. Bitcoin Friday futures have…