CHICAGO, Jan. 31,
2023 /PRNewswire/ -- CME Group, the world's
leading derivatives marketplace, today announced it will expand its
suite of weekly options expiries for its E-mini Russell 2000
futures with the launch of Tuesday and Thursday weekly options on
February 27, pending regulatory
review. These new weekly options contracts will complement the
existing Monday, Wednesday and Friday Weeklies, as well as
End-of-Month and Quarterly options on Russell 2000 futures.
"As the demand for more short-dated options continues to grow,
we are expanding our product suite to allow our clients to hedge or
trade with enhanced flexibility around major market-moving events,"
said Paul Woolman, Executive
Director of Equity Products at CME Group. "The expansion of these
weekly options further builds on the deep liquidity established in
E-mini Russell 2000 futures, which had record average daily volume
of more than 241,000 contracts in 2022. We are proud to build on
our partnership with FTSE Russell to provide market participants
with a more cost-effective and efficient toolset to manage risk in
the small-cap segment."
"We're pleased to build on our partnership with CME Group to
address the marketplace's increased interest in short-dated
contracts, offering greater precision and flexibility for trading
the leading U.S. small-cap benchmark," said Shawn Creighton, Director of Index Derivatives
Solutions at FTSE Russell. "The expanded suite of Weeklies adds
even more granularity to clients' trading strategies, enabling them
to accurately manage their market exposure throughout the
week."
For more information on E-mini Russell 2000 Weekly options,
please visit: www.cmegroup.com/russellweeklyoptions.
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.
The S&P 500 Index is a product of S&P Dow Jones Indices LLC
("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500
and The 500 are trademarks of Standard & Poor's Financial
Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average
are service and/or trademarks of Dow Jones Trademark Holdings LLC.
These trademarks have been licensed for use by Chicago Mercantile
Exchange Inc. Futures contracts based on the S&P 500 Index are
not sponsored, endorsed, marketed, or promoted by S&P DJI, and
S&P DJI makes no representation regarding the advisability of
investing in such products. All other trademarks are the property
of their respective owners.
CME-G
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SOURCE CME Group