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Bitcoin futures exchange Deribit replaces weekly futures with monthlies

Published by CryptoNinjas.net
05/08/2017

Lithuanian-based bitcoin futures and options exchange today provided a welcoming update to participants. The company stated that liquidity on its Quarterly Futures contract has increased dramatically and will improve even more in the next coming weeks.
Also important the exchange has decided to do away with weekly futures and introduce new monthly futures.
The current weekly future will be the last weekly future.
The new monthly futures contract is already online and will be quoted by a market maker this week.
The new monthly futures is specified as 30 Jun 2017.

Deribit order book showing the new June monthly futures contract.

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