03.30.2021

CME Trades One Million Micro E-Mini Equity Options

CME Group, the world’s leading and most diverse derivatives marketplace,  announced that more than 1 million options on its Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts have traded since launch on August 31, 2020. In addition, options on Micro E-mini Nasdaq-100 futures achieved a single-day trading record of 1,948 contracts on March 25, surpassing the prior record of 1,934 contracts reached on March 10.

“We are pleased with the continued growth of options on our Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts, with robust interest and participation from a broad range of clients and active traders,” said Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products. “These options further build on the success of their Micro futures counterparts, which have traded more than 693 million contracts since launch, and give customers another tool to manage risk and access highly liquid equity index futures markets with greater precision and efficiency.”

Options on the Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures are 1/10 the size of their E-mini options counterparts. The smaller size allows active traders of all sizes to more nimbly execute equity trading strategies, scale index exposure up or down or hedge existing equity portfolio positions.

Micro E-mini Equity options are listed by and subject to the rules of CME. For more information and detailed specifications on options on Micro E-mini Equity futures, please visit cmegroup.com/microemini-options.

Source: CME

Related articles

  1. Paxos Settlement Service's blockchain will provide more flexibility around settlement from T+2 to T+0.

  2. Squeezing Alpha From Volatility

    Circuit breakers were triggered in March 2020.

  3. Bond Investors Await Fed Moves

    Appetite for US listed stocks grew but emerging-market equity allocations were significantly scaled back.

  4. From The Markets

    FCA Consults on SPACs

    The UK regulator aims to make the new rules and/or guidance by early summer.

  5. Auerbach Grayson Launches U.S. Equities Trading Business

    Membership of Aquis Exchange grew to 39 and market share to 5% as at 31 March 2021.