CME Group will launch single-stock futures starting this summer. The new products will enable market participants to trade futures on over 50 top U.S. stocks from the S&P 500, Nasdaq 100, and Russell 1000 indices. Tim McCourt, Global Head of Equity, FX, and Alternative Investment Products at CME Group, said, “These contracts will provide a simpler and more cost-effective way to make investment judgments on stocks, while allowing market participants to gain related exposure or hedge against potential price fluctuations without directly purchasing the stocks.” CME’s new cash-settled futures contracts will include over 50 top U.S. stocks such as Alphabet, Meta, Nvidia, and Tesla. The contracts will be listed on CME and governed by its rules.
(Source: Cailian Press)
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CME Group will launch single stock futures products
CME Group will launch single-stock futures starting this summer. The new products will enable market participants to trade futures on over 50 top U.S. stocks from the S&P 500, Nasdaq 100, and Russell 1000 indices. Tim McCourt, Global Head of Equity, FX, and Alternative Investment Products at CME Group, said, “These contracts will provide a simpler and more cost-effective way to make investment judgments on stocks, while allowing market participants to gain related exposure or hedge against potential price fluctuations without directly purchasing the stocks.” CME’s new cash-settled futures contracts will include over 50 top U.S. stocks such as Alphabet, Meta, Nvidia, and Tesla. The contracts will be listed on CME and governed by its rules.
(Source: Cailian Press)