CHICAGO, Feb. 10,
2025 /PRNewswire/ -- CME Group, the world's
leading derivatives marketplace, today announced its new
physically-delivered Ethanol futures and options are now available
for trading. A total of five futures contracts traded on
February 7, 2025.
"We are pleased to see industry support for our latest Ethanol
contracts, which have enhanced specifications and are complementary
to our existing suite of renewable fuel products," said
Peter Keavey, Global Head of Energy
and Environmental Products at CME Group. "Ethanol is an
increasingly important component of the transportation fuel mix,
and the physically-delivered futures will allow gasoline blenders
and other commercial users to hedge their price exposure and more
effectively manage the differential between other refined
products."
Ethanol futures are sized at 42,000 gallons, which is in line
with CME Group's benchmark RBOB Gasoline futures and NY ULSD
Heating Oil futures. Ethanol futures offer flexibility to market
participants by providing options for delivery.
Denatured Ethanol futures and options are listed by and subject
to the rules of NYMEX. For more information, please visit here.
As the world's leading 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.
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 is a trademark of BrokerTec Americas LLC
and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a
product of S&P Dow Jones Indices LLC ("S&P DJI").
"S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are
trademarks of Standard & Poor's Financial Services LLC; Dow
Jones®, DJIA® and Dow Jones Industrial Average are service and/or
trademarks of Dow Jones Trademark Holdings LLC. These trademarks
have been licensed for use by Chicago Mercantile Exchange Inc.
Futures contracts based on the S&P 500 Index are not sponsored,
endorsed, marketed, or promoted by S&P DJI, and S&P DJI
makes no representation regarding the advisability of investing in
such products. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group