CHICAGO, June 23, 2021 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
announced that its Micro E-mini Equity options surpassed 1.5
million contracts traded on Friday, June
18.
Options on Micro E-mini S&P 500 and Micro E-mini Nasdaq-100
futures were introduced in August
2020 to build on the strength and liquidity of CME Group's
suite of Micro E-mini Equity futures on the S&P 500,
Nasdaq-100, Russell 2000 and Dow Jones Industrial Average indices.
Since their May 2019 launch, more
than 800 million combined Micro E-mini Equity futures contracts
have traded across all four indices.
"We are pleased with the strong growth and increasingly robust
participation we've seen in our Micro E-mini Equity options in
their first few months of trading, including among institutions and
sophisticated, active traders," said Tim
McCourt, CME Group Global Head of Equity Index and
Alternative Investment Products. "We are the only exchange to offer
micro-sized options on U.S. equity index futures, which are among
the most deeply liquid and actively traded equity index products.
These options further build on the success of their Micro futures
counterparts and provide traders of all sizes with another tool to
manage risk with greater precision and efficiency, nearly 24/7
around the globe."
Options on Micro E-mini S&P 500 and Micro E-mini Nasdaq-100
futures are 1/10th the size of their E-mini options
counterparts. The smaller size allows active traders of all sizes
to more nimbly execute equity trading strategies, scale index
exposure up or down or hedge existing equity portfolio
positions.
For more information on Micro E-mini Equity Index futures and
options from CME Group, please
see: www.cmegroup.com/microeminis.
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