What Does the “CF” in CME CF Bitcoin Reference Rate Stand For?
The "CF" in CME CF Bitcoin Reference Rate stands for Crypto Facilities. Crypto Facilities is a financial services firm that administers the reference rate and real-time index for the CME.
They are responsible for the methodology and calculation, which is designed to meet the principles for financial benchmarks set by the International Organization of Securities Commissions (IOSCO). This collaboration ensures a robust and regulated benchmark.