Trading 7 September 2022

BTIC on Cryptocurrency futures

Basis Trade at Index Close (BTIC) allows market participants to trade futures at a fixed spread to the reference price of a known benchmark index.

Since its introduction, BTIC functionality has become a popular vehicle for market participants to access futures contracts tied to the closing price of benchmark indices such as the Dow, Nasdaq-100, Russell 2000, and S&P 500.