We just got a glimpse of how bitcoin futures will work

CME Group will launch bitcoin futures in the fourth quarter.
Bitcoin will trade in $25 ticks and have a daily range of no more than 20% above or below the prior settlement price.
 
CME Group, one of the largest exchange groups in the world, announced last week it will roll out a bitcoin futures contract in the fourth quarter.
The announcement has generated a lot of buzz on Wall Street, and sparked a big rally in the cryptocurrency. Bitcoin climbed from $6,100 on October 30 (the d