CME Group Announces Micro E-mini Equity Options Reach More Than 1 Million Contracts Traded
CME Group reported that over 1 million options on its Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts have traded since their launch on August 31, 2020. The Micro E-mini Nasdaq-100 options set a single-day trading record of 1,948 contracts on March 25, exceeding the previous record of 1,934 contracts from March 10. These options, which are one-tenth the size of traditional E-mini options, provide traders with a tool for risk management and precise market access.
- Trading exceeded 1 million options contracts since launch.
- Record single-day trading for Micro E-mini Nasdaq-100 options with 1,948 contracts.
- None.
CHICAGO, March 29, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that more than 1 million options on its Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts have traded since launch on August 31, 2020. In addition, options on Micro E-mini Nasdaq-100 futures achieved a single-day trading record of 1,948 contracts on March 25, surpassing the prior record of 1,934 contracts reached on March 10.
"We are pleased with the continued growth of options on our Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts, with robust interest and participation from a broad range of clients and active traders," said Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products. "These options further build on the success of their Micro futures counterparts, which have traded more than 693 million contracts since launch, and give customers another tool to manage risk and access highly liquid equity index futures markets with greater precision and efficiency."
Options on the Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures are 1/10 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.
Micro E-mini Equity options are 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 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.
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SOURCE CME Group
FAQ
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