CME Group to Launch Event Contracts on September 19

Rhea-AI Summary

CME Group, the leading derivatives marketplace, is set to launch new event contracts on September 19, pending regulatory approval. Tailored for retail traders, these contracts enable individuals to speculate on daily price movements across popular futures markets, including E-mini S&P 500 and crude oil. Each contract has a maximum value of $20, offering simple and clear short-term trading opportunities. This initiative aims to attract retail participation in futures trading and enhance market accessibility.

Positive

• Launch of event contracts on September 19 aimed at retail traders
• Allows speculation on daily price moves in popular futures markets
• Simplified trading with clear maximum profit or loss per contract

Negative

• None.

CHICAGO, June 28, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it will launch event contracts on September 19, pending regulatory review.

Designed especially for the retail audience, these contracts will allow individuals to trade their views on daily up or down price moves in some of the world's most widely quoted benchmark futures markets, beginning with E-mini S&P 500, E-mini Nasdaq-100, E-mini Dow Jones Industrial Average, E-mini Russell 2000, crude oil, natural gas, gold, silver, copper and Euro FX.

These new daily options on futures contracts will offer short-term trading opportunities for individuals seeking to take a position on daily price moves and will allow participants to know their maximum profit or loss when entering a trade. Each event contract is valued up to $20 per contract.

For more information on this product, please see: www.cmegroup.com/eventcontracts.  

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 and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, 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    

View original content:https://www.prnewswire.com/news-releases/cme-group-to-launch-event-contracts-on-september-19-301576748.html

SOURCE CME Group

FAQ

What are the new event contracts being launched by CME on September 19?

CME Group is launching event contracts that allow retail traders to speculate on daily price moves in various futures markets.

What is the maximum value of the new event contracts by CME?

Each event contract is valued at up to $20.

Who is the target audience for CME's new event contracts?

The new event contracts are designed specifically for retail traders.

What types of markets will CME's event contracts cover?

The event contracts will cover markets such as E-mini S&P 500, crude oil, and other widely quoted benchmarks.