CHICAGO, Dec. 17, 2021 /PRNewswire/ -- CME
Group, the world's leading and most diverse derivatives
marketplace, today announced that Micro Ether futures volume
surpassed 100,000 contracts in the new contract's first two weeks
of trading.
"Participation in our Micro Ether futures contract has grown
rapidly since its launch two weeks ago, and we are encouraged by
the strong customer adoption and support thus far," said
Tim McCourt, CME Group Global Head
of Equity Index and Alternative Investment Products. "At 1/500th
the size or our larger Ether futures, this new, smaller contract
allows traders of all sizes to better manage their Ether price risk
in an efficient, cost-effective way."
CME Micro Ether futures are cash-settled, based on the CME CF
Ether-Dollar Reference Rate, which serves as a once-a-day reference
rate of the U.S. dollar price of Ether. Micro Ether futures are
listed on and subject to the rules of CME.
For more information on this product, please see:
www.cmegroup.com/microether.
As the world's leading and most diverse 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
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respective owners.
CME-G
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SOURCE CME Group