- For the first time, traders can express their opinion on where the E-mini S&P 500 and E-mini Nasdaq 100 futures will trade at the end of each quarter and year
CME Group, the world's leading derivatives marketplace, announced that it will launch event contracts with quarter-end and year-end expiration for E-mini S&P 500 and E-mini Nasdaq-100 futures January 29th, pending official review. The new longer-term contracts provide market participants with another unique opportunity to express their views on the performance of these equity indices.
“Event contracts on E-mini S&P 500 and E-mini Nasdaq-100 futures are among the most frequently traded in our event product range, accounting for 33% and 20% of volume, respectively,” he said Tim McCourt, Global Head of Financial & OTC Products at CME Group. “These new contracts, with longer quarter-end and year-end maturities, will give traders the opportunity to express their views on market direction at key economic cycle intervals – with the added benefit of giving them more opportunity to trade in and out of a position in advance .” expire. We are pleased that our expanded offering of event contracts will continue to provide innovative and more cost-effective tools for participating in CME Group’s futures markets.”
“We are pleased with the growth of CME Group’s event contract offering,” he said Ryan Duckworth, CEO of Akuna Capital – USA “The quarterly and annual contracts give investors the opportunity to choose the best time frame for their strategies without having to worry about opening a new position every day. We are honored to be part of CME Group’s success as a liquidity provider for event contracts.”
“We are pleased to support CME Group’s launch of longer-term event contracts on E-mini S&P 500 and E-mini Nasdaq-100 futures,” he said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. “Event contracts provide investors with an easy way to access key futures markets, and our active trader customers looking to trade event contracts on these popular equity indices will benefit from the greater flexibility offered by the new quarter-end and year-end expirations.”
“NinjaTrader is pleased to continue to support CME Group’s evolving event contract product suite,” he said Martin Franchi, CEO of NinjaTrader. “We are confident in the market appeal of these products, which offer retailers both a cost-effective and hassle-free way to access dynamic financial markets.” This evolution of the product suite will further increase the appeal of these new and innovative products.”
CME Group event contracts allow individuals to take a position on rising or falling price movements in some of the world's most quoted benchmark futures markets, with the confidence of knowing their maximum potential profit or loss when placing a trade. Also effective January 29this the maximum payout for event contracts $100.
CME will launch options on S&P 500 Annual Dividend Index Futures on January 29th
CME Group, the world's leading derivatives market, today announced that it will launch options on S&P 500 Annual Dividend Index futures January 29thuntil the official examination.
“Client demand for risk management and seeking investment opportunities around dividend exposure has accelerated the growth of our listed and centrally cleared dividend futures,” he said Paul Woolman, Global Head of Equity Products at CME Group. “Due to the success of our S&P 500 Annual Dividend Index futures, with more than 900,000 contracts traded in 2023, we are pleased to introduce these new options contracts to provide market participants with even more flexibility in adjusting their dividend strategies.”
“As the world's leading index provider, S&P DJI is pleased to strengthen its ongoing collaboration with CME Group by expanding its offering of free contracts tied to S&P DJI's established and highly liquid S&P 500 ecosystem,” said Tim Brennan, Head of Capital Markets at S&P Dow Jones Indices. “By providing an underlying view of U.S. dividend trends through our S&P 500 Dividend Points Index (Annual) in conjunction with CME Group financial products, market participants can track and express their views on an important component of stock returns.”
“We are pleased to partner with CME Group to introduce options on S&P 500 Annual Dividend Index futures,” he said Megan Morgan, Head of Market Structure at Belvedere Trading. “Belvedere Trading is proud to be a pioneer in providing transparent pricing for innovative volatility products that help CME Group clients around the world manage their risks.”
“Sunrise is pleased to announce its participation in CME Group’s launch of new options on S&P 500 Annual Dividend Index futures,” said Michael Goodall, Head of Americas at Sunrise Brokers. “Sunrise has extensive experience managing the growth of dividend futures in our European business and is excited to bring this expertise to the U.S. markets. The introduction of options on S&P 500 Annual Dividend Index futures is a strategic move consistent with our commitment to providing innovative and diversified products to our customers.”
These new options contracts are the latest addition to CME Group's robust dividend futures suite, which includes futures on the S&P 500 annual and quarterly dividend index, futures on the Nasdaq-100 annual dividend index and futures on the Russell 2000 annual dividend index.
CME International's average daily volume reaches a record 6.8 million contracts in 2023, an increase of 8% compared to 2022
CME Group, the world's leading derivatives marketplace, announced that average daily volume (ADV) is outside The United States reached a record 6.8 million contracts in 2023, up 8% from 2022. This record was largely driven by growth in equity index and interest rate products of 26% and 23%, respectively.
“Market participants around the world turned to CME Group’s benchmark futures and options contracts last year amid increased need for risk management across asset classes,” he said Derek Samman, Senior Managing Director of CME Group and Global Head of Commodities, Options & International Markets. “As uncertain market conditions continue into 2024, we remain committed to working closely with our customers outside the U.S. to maintain 24/7 access to our robust, regulated marketplace.”
In 2023 Europe, middle East and Africa ADV reached a record 4.9 million contracts, an increase of 13% over 2022. This was driven by a 29% increase in interest products and a 26% increase in agricultural products.
Latin America ADV grew to a record 176,000 contracts in 2023, an increase of 11% over 2022. This was driven by 28% growth in FX products, 27% in interest rate products and 24% in metals products in the region.
In Asia Pacific, ADV reached 1.6 million contracts in 2023. ADV of interest rate products in the region increased 5% year-on-year, reaching a record 689,000 contracts in 2023.
Canada ADV totaled 153,000 contracts in 2023, with energy and agricultural ADV increasing 22% and 7% year-over-year, respectively.
Globally, CME Group reported record AdV of 24.4 million contracts in 2023, up 5% from 2022. This was primarily due to interest rate AdV growth of 16% to a record 12.5 million contracts and the Options AdV by 23%, a record number of 5.1 million contracts.
Source: CME
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