CME Group to Launch E-mini S&P 500 Equal Weight Futures on February 26

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CME Group announces the launch of E-mini S&P 500 Equal Weight futures, offering a new way for market participants to access equity market breadth. The contracts will apply equal weight to all constituents in the index, providing a liquid, cost-efficient tool for diversifying equity trading strategies. The launch is expected on February 26, pending regulatory review.

CHICAGO, Feb. 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it will launch E-mini S&P 500 Equal Weight futures on February 26, pending regulatory review.

While the S&P 500 Index weights companies based on market capitalization, the S&P 500 Equal Weight Index applies equal weight to all constituents in the index. The addition of these new E-mini contracts will give market participants another tool to deploy hedging and investment strategies across a broad range of potential market scenarios.

"The introduction of E-mini S&P 500 Equal Weight futures will provide market participants with a new way to access equity market breadth," said Paul Woolman, Global Head of Equity Products at CME Group. "As the S&P 500 becomes more heavily concentrated towards larger companies, these new contracts can provide a liquid, cost-efficient tool to gain equal exposure to all names in the index, further allowing traders to diversify their equity trading strategies."

"For generations, the S&P 500 has been widely regarded as the best single gauge of the U.S. equity market. To complement S&P DJI's iconic market benchmark, the S&P 500 Equal Weight Index was launched in January 2003, measuring the performance of equal allocations among S&P 500 constituents," said Bruce Schachne, Chief Commercial Officer at S&P Dow Jones Indices. "S&P DJI is excited to collaborate with CME Group as it expands its offering, and further reinforces the crucial role independent and transparent benchmarks play in the capital markets."

For more information, please visit: www.cmegroup.com/equalweight. 

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 Equal Weight 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 Equal Weight 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.

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SOURCE CME Group

FAQ

When will CME Group launch E-mini S&P 500 Equal Weight futures?

CME Group will launch E-mini S&P 500 Equal Weight futures on February 26, pending regulatory review.

What is the purpose of E-mini S&P 500 Equal Weight futures?

The contracts will apply equal weight to all constituents in the index, providing a liquid, cost-efficient tool for diversifying equity trading strategies.

Who is the Global Head of Equity Products at CME Group?

The Global Head of Equity Products at CME Group is Paul Woolman.

What is the official website for more information on E-mini S&P 500 Equal Weight futures?

For more information, please visit: www.cmegroup.com/equalweight.