CHICAGO, July 14, 2020 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
announced options on its Micro E-mini S&P 500 and Micro E-mini
Nasdaq-100 futures contracts will be available for trading
Aug. 31, 2020, pending regulatory
review.
"Since their introduction a year ago, Micro E-mini Equity
futures have benefited market participants of all types, who have
used them to scale their equity index exposure up or down or more
precisely hedge existing equity portfolio positions," said
Tim McCourt, CME Group Global Head
of Equity Index and Alternative Investment Products. "Based on the
success of our micro-sized equity futures contracts and increased
customer demand, we are pleased to offer options on the Micro
E-mini S&P 500 and Micro E-mini Nasdaq-100 futures. We believe
this will provide our clients with even greater flexibility amid
continuing economic uncertainty."
Since launching in May 2019, Micro
E-mini Equity futures have rapidly developed into a
robust, liquid underlying futures market. Some highlights
include:
- 300 million cumulative contracts traded across all four indices
– S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial
Average – including 153.4 million Micro E-mini S&P 500 and
106.2 million Micro E-mini Nasdaq-100 futures contracts,
- 1.67 million contracts traded across all four products on
average each day in 2020 through June,
- 28% of trading volume originated outside of the U.S. since
launch, and
- 160,000+ total unique accounts have traded these
contracts.
Options on Micro E-mini S&P 500 and Micro E-mini Nasdaq-100
futures will be listed by and subject to the rules of CME. For more
information and detailed specifications on options on Micro E-mini
Equity futures, please visit
www.cmegroup.com/microemini-options.
As the world's leading and most diverse derivatives marketplace,
CME Group (www.cmegroup.com) enables clients to trade futures,
options, cash and OTC markets, optimize portfolios, and analyze
data – empowering market participants worldwide to efficiently
manage risk and capture opportunities. CME Group exchanges offer
the widest range of global benchmark products across all major
asset classes based on interest rates, equity
indexes, foreign exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform,
fixed income trading via BrokerTec and foreign exchange trading on
the EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing. With a range of pre- and post-trade products and
services underpinning the entire lifecycle of a trade, CME Group
also offers optimization and reconciliation services through
TriOptima, and trade processing services through Traiana.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board of Trade are trademarks
of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile
Exchange and ClearPort are trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange,
Inc. BrokerTec, EBS, TriOptima, and Traiana are trademarks of
BrokerTec Europe LTD, EBS Group LTD, TriOptima AB, and Traiana,
Inc., respectively. Dow Jones, Dow Jones Industrial
Average, S&P 500 and S&P are service and/or trademarks of
Dow Jones Trademark Holdings LLC, Standard & Poor's Financial
Services LLC and S&P/Dow Jones Indices LLC, as the case may be,
and have been licensed for use by Chicago Mercantile Exchange
Inc. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group