CHICAGO, May 27, 2020 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, announced
it will launch options on its Micro E-mini S&P 500 and Micro
E-mini Nasdaq-100 futures contracts. The new options will be
available for trading in the fall of 2020, pending regulatory
review.
"Today, our E-mini S&P 500 and E-mini Nasdaq-100 futures and
options are among the most actively traded equity index products in
the world," said Tim McCourt, CME
Group Global Head of Equity Index and Alternative Investment
Products. "Offering Micro-sized options on futures on these two
indices will provide our clients with even greater versatility to
execute equity trading strategies, scale index exposure up or down
or more precisely hedge existing equity portfolio positions."
Successful options contracts require a robust, liquid underlying
futures market. Since launching one year ago, Micro E-mini Equity
futures have rapidly developed round-the-clock liquidity and
become the most successful new product in CME Group's history. Some
highlights include:
- 243 million cumulative contracts traded across all four indices
– S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial
Average – including 120 million Micro E-mini S&P 500 and 87
million Micro E-mini Nasdaq-100 futures contracts,
- 913,000 contracts traded across all four products on average
each day,
- 27% of trading volume originated outside of the U.S., and
- 155,000+ unique accounts have traded these contracts.
Options on the Micro E-mini S&P 500 and Micro E-mini
Nasdaq-100 futures will be 1/10th the size of their
E-mini options counterparts. The listing cycle for the new options
will consist of five Friday weekly options, three end-of-month
options and two quarterly options contracts.
Micro E-mini Equity options 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