CME Group to Launch Hard Red Spring Wheat Futures and Options
CME Group, the world's leading derivatives marketplace, has announced plans to launch physically-delivered Hard Red Spring Wheat futures and options in early Q2 2025, subject to regulatory approvals.
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CME Group, the world's leading derivatives marketplace, has announced plans to launch physically-delivered Hard Red Spring Wheat futures and options in early Q2 2025, subject to regulatory approvals. The new offering will enable market participants to manage price risk across all major wheat types on a single exchange with unified clearing.
The physically-delivered contract will feature enhanced specifications and shipping certificate delivery, maximizing flexibility for commercial participants. This expansion comes as CME Group's Wheat futures and options trading volumes saw a 10% increase last year, reaching an Average Daily Volume (ADV) of 229,000, contributing to a record ADV of 1.7 million across all CME Group agricultural products.
The new Hard Red Spring Wheat futures and options will be listed by and subject to the rules of CBOT, offering additional risk management tools and spread capabilities for clients in the wheat market.
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News Market Reaction – CME
The recorded move for CME in the trading session of this news was +1.01%.
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"By adding Hard Red Spring Wheat futures and options, market participants will now be able to manage price risk across every major type of wheat on one exchange and all cleared in a single clearing house," said John Ricci, Managing Director and Global Head of Agricultural Products at CME Group.
"In addition to providing important capital efficiencies and increased spread capabilities, our new physically-delivered Hard Red Spring Wheat futures contract will also have enhanced specifications and be delivered through shipping certificates, maximizing flexibility for commercial participants. We will also be launching options at the same time – offering clients another important tool to manage risk in the wheat market."
CME Group Wheat futures and options trading volumes increased
Hard Red Spring Wheat futures and options will be listed by and subject to the rules of CBOT. For more information, and to stay up to date on additional information as it becomes available, 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
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View original content:https://www.prnewswire.com/news-releases/cme-group-to-launch-hard-red-spring-wheat-futures-and-options-302345384.html
SOURCE CME Group
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