CHICAGO, March 31,
2022 /PRNewswire/ -- CME Group, the world's
leading derivatives marketplace, today announced it will expand its
suite of Micro E-mini S&P 500 options with the launch of
Tuesday and Thursday Weekly options on April
25, pending regulatory review. These new weekly options
contracts will complement the existing Monday, Wednesday and Friday
Weeklies, End-of-Month and Quarterly options on E-mini S&P 500
futures.
"As demand for additional short-dated equity options continues
to grow, we are expanding the number of weekly expiries to allow
our clients to hedge or trade with enhanced flexibility and
precision around major market-moving events," said Tim McCourt, CME Group Global Head of Equity and
FX Products. "The addition of Tuesday and Thursday Weekly options
also builds on our longstanding partnership with S&P Dow Jones
Indices and provides another way for traders to access our deep,
liquid underlying E-mini S&P 500 futures markets."
"S&P Dow Jones Indices and CME Group share a deep commitment
to strengthen market accessibility and transparency through
independent indices such as the S&P 500," said Aye Soe, Global
Head of Core and Multi-Asset Product Management at S&P Dow
Jones Indices. "As the S&P 500
marks its 65th year in 2022, it remains widely regarded as
the best single gauge of the large-cap U.S. equity market with more
than $13 trillion in assets indexed
or benchmarked to it. Through CME Group's latest launch, S&P
DJI is proud to license the S&P 500 to CME Group to expand the
ecosystem of financial instruments tracking this iconic and
historic benchmark."
Interest and trading activity around E-mini S&P 500 options
continues to grow. Year-to-date, E-mini S&P 500 Monday,
Wednesday and Friday Weekly options average daily volume is 841,214
contracts, representing a 75% increase year-over-year.
For more information on E-mini S&P 500 Weekly options,
please visit: www.cmegroup.com/eqweeklyoptions.
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 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 Services
LLC and S&P/Dow Jones Indices LLC, as the case may be, and have
been licensed for use by Chicago Mercantile Exchange Inc. All
other trademarks are the property of their respective owners.
CME-G
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SOURCE CME Group