CME Group to Launch Options on Bloomberg Commodity Index Futures on September 23
CME Group, the world's leading derivatives marketplace, has announced the launch of options on Bloomberg Commodity Index (BCOM) futures on September 23, 2024, pending regulatory review. The company has also extended its license with Bloomberg for commodity index products through 2027. These new options contracts aim to provide market participants with additional flexibility in accessing broad market exposure and expressing views on commodity market movements.
The launch builds on the success of existing BCOM futures contracts, which have seen significant growth in 2024 with volume up 12% and open interest up 88% year-over-year. The new options are expected to offer greater potential capital and margin efficiency for commodity index trading strategies while providing similar exposure to OTC swaps.
CME Group, il principale mercato mondiale per i derivati, ha annunciato il lancio delle opzioni sui future dell'Indice delle Commodity di Bloomberg (BCOM) il 23 settembre 2024, in attesa di revisione normativa. L'azienda ha inoltre esteso la propria licenza con Bloomberg per i prodotti legati agli indici delle commodity fino al 2027. Questi nuovi contratti di opzione mirano a fornire ai partecipanti al mercato maggiore flessibilità nell'accesso a un'ampia esposizione al mercato e nell'espressione delle opinioni sui movimenti del mercato delle commodity.
Il lancio si basa sul successo dei contratti future BCOM esistenti, che hanno registrato una crescita significativa nel 2024, con un aumento del volume del 12% e un incremento dell'interesse aperto del 88% rispetto all'anno precedente. Si prevede che le nuove opzioni offrano maggiore potenziale di efficienza del capitale e dei margini per le strategie di trading sugli indici delle commodity, offrendo al contempo un'esposizione simile agli swap OTC.
CME Group, el principal mercado de derivados del mundo, ha anunciado el lanzamiento de opciones sobre futuros del Índice de Commodities de Bloomberg (BCOM) el 23 de septiembre de 2024, sujeto a revisión regulatoria. La empresa también ha ampliado su licencia con Bloomberg para productos de índice de materias primas hasta 2027. Estos nuevos contratos de opciones tienen como objetivo proporcionar a los participantes del mercado mayor flexibilidad para acceder a una amplia exposición al mercado y expresar opiniones sobre los movimientos del mercado de materias primas.
El lanzamiento se basa en el éxito de los contratos de futuros BCOM existentes, que han visto un crecimiento significativo en 2024, con un incremento del volumen del 12% y un aumento del interés abierto del 88% en comparación con el año anterior. Se espera que las nuevas opciones ofrezcan mayor potencial de eficiencia de capital y márgenes para las estrategias de trading de índices de materias primas, al tiempo que proporcionan una exposición similar a los swaps OTC.
CME 그룹, 세계 최고의 파생상품 시장,이 블룸버그 커모디티 지수(BCOM) 선물에 대한 옵션을 2024년 9월 23일에 출시한다고 발표했습니다. 단, 규제 검토가 필요합니다. 이 회사는 또한 2027년까지 커모디티 지수 제품에 대한 블룸버그와의 라이센스를 연장했습니다. 이러한 새로운 옵션 계약은 시장 참여자에게 추가 유연성을 제공하여 폭넓은 시장 노출에 접근하고 커모디티 시장 변동에 대한 의견을 표현할 수 있도록 하는 것을 목표로 하고 있습니다.
이번 출시는 2024년에 12% 성장한 거래량과 88% 증가한 미결제 약정과 함께 기존 BCOM 선물 계약의 성공을 바탕으로 합니다. 새로운 옵션은 커모디티 지수 거래 전략의 자본 및 마진 효율성을 더욱 높일 것으로 예상되며, OTC 스왑과 유사한 노출을 제공합니다.
CME Group, le principal marché mondial des dérivés, a annoncé le lancement d'options sur les contrats à terme de l'Indice des Matières Premières Bloomberg (BCOM) le 23 septembre 2024, sous réserve d'une révision réglementaire. L'entreprise a également prolongé sa licence avec Bloomberg pour les produits d'indices de matières premières jusqu'en 2027. Ces nouveaux contrats d'options visent à offrir aux participants du marché une flexibilité supplémentaire pour accéder à une large exposition au marché et exprimer des opinions sur les mouvements du marché des matières premières.
Ce lancement s'appuie sur le succès des contrats à terme BCOM existants, qui ont connu une croissance significative en 2024, avec un volume en hausse de 12% et un intérêt ouvert en hausse de 88% par rapport à l'année précédente. On s'attend à ce que les nouvelles options offrent une plus grande efficacité du capital et des marges pour les stratégies de trading d'indices de matières premières, tout en fournissant une exposition similaire aux swaps OTC.
CME Group, der weltweit führende Markt für Derivate, hat die Einführung von Optionen auf Bloomberg Commodity Index (BCOM) Futures für den 23. September 2024 angekündigt, vorbehaltlich der regulatorischen Überprüfung. Das Unternehmen hat zudem seine Lizenz mit Bloomberg für Produkte des Rohstoffindex bis 2027 verlängert. Diese neuen Optionskontrakte zielen darauf ab, den Marktteilnehmern zusätzliche Flexibilität zu bieten, um eine breite Marktexposition zu erreichen und Meinungen zu den Bewegungen des Rohstoffmarktes auszudrücken.
Der Launch baut auf dem Erfolg der bestehenden BCOM-Futures-Verträge auf, die im Jahr 2024 ein signifikantes Wachstum verzeichneten, mit einem Anstieg des Volumens um 12% und einem Anstieg des offenen Interesses um 88% im Vergleich zum Vorjahr. Es wird erwartet, dass die neuen Optionen eine höhere Kapital- und Margin-Effizienz für Handelsstrategien im Rohstoffindex bieten und gleichzeitig eine ähnliche Exposition wie OTC-Swaps ermöglichen.
- Launch of options on Bloomberg Commodity Index (BCOM) futures, expanding product offerings
- Extension of Bloomberg license for commodity index products through 2027
- BCOM futures contracts volume up 12% year-over-year in 2024
- BCOM futures contracts open interest up 88% year-over-year in 2024
- Potential for greater capital and margin efficiency in commodity index trading strategies
- None.
Insights
The launch of options on Bloomberg Commodity Index (BCOM) futures by CME Group is a significant development for commodity traders and institutional investors. This new product offers enhanced flexibility in commodity market exposure and risk management. The 12% increase in BCOM futures volume and
The potential for capital and margin efficiency compared to OTC swaps is particularly noteworthy. This could attract more participants to the regulated futures market, potentially increasing liquidity and reducing systemic risk. The extended license agreement with Bloomberg through 2027 also provides long-term stability for users of these products.
CME Group's introduction of BCOM options represents a strategic move to capture more of the commodity index trading market. By offering a product that mimics OTC swap exposure but with the benefits of exchange-traded instruments, CME is positioning itself to potentially shift more trading volume from OTC to regulated markets. This aligns with post-2008 regulatory trends favoring central clearing and exchange-traded derivatives.
The timing of this launch, amidst growing interest in commodity markets, is opportune. It could help CME solidify its position as a leading venue for commodity index trading, potentially drawing more institutional flow and enhancing its competitive edge against other exchanges and OTC markets.
Options on BCOM futures will provide market participants a new way to access broad market exposure with additional flexibility to express a range of views on commodity market movements.
"We are pleased to announce the addition of options on BCOM futures to our suite of commodity index products, as well as the extension of our BCOM license renewal to continue to offer these important risk management tools," said Paul Woolman, Global Head of Equity Index Products at CME Group. "These new options contracts will build on the growing strength and liquidity of our existing BCOM futures contracts, which have seen a surge in volume and open interest in 2024 – up more than
"Bloomberg is proud to see the continued growth and popularity of our flagship BCOM index which is backed by exceptional research and data," said Umesh Gajria, Global Head of Index Linked Products, Bloomberg Index Services Limited. "This is evidenced by CME Group's launch of options on BCOM futures, extending their existing product suite offering investors additional opportunities to hedge and diversify their portfolios."
For more information on these products, please visit www.cmegroup.com/bcomoptions.
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
CME-G
View original content:https://www.prnewswire.com/news-releases/cme-group-to-launch-options-on-bloomberg-commodity-index-futures-on-september-23-302238833.html
SOURCE CME Group
FAQ
When will CME Group launch options on Bloomberg Commodity Index futures?
What is the growth rate of CME's BCOM futures contracts in 2024?
How long has CME Group extended its license with Bloomberg for commodity index products?
What benefits do the new BCOM options offer to market participants?
