CME Group to Launch New Financially-Settled Micro E-mini S&P 500 and Nasdaq-100 Options
These new Micro options contracts will be one-tenth the size of their E-mini counterparts with short-dated Monday through Friday expiries. In addition, the contracts will be financially settled, eliminating the additional operational processes tied to underlying futures delivery at expiration.
"The expansion of our deeply liquid equity index options suite directly answers client demand for more versatile, accessible risk management and market access tools," said
Micro E-mini S&P 500 and Nasdaq-100 options build upon the success of CME Group's existing Micro E-mini Equity Index suite, which has surpassed more than 2.6 billion cumulative contracts traded since its inception, including over 1 billion contracts each for S&P 500 and Nasdaq-100 Micro E-mini products.
These products will be listed on and subject to the rules of CME. For more information, please visit www.cmegroup.com/microeminioptions.
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, cryptocurrencies, 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
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SOURCE CME Group
