CME Group, the world’s leading derivatives marketplace, announced that Micro E-mini Nasdaq-100 futures surpassed 1 billion contracts traded on September 13.
“Our Micro E-mini Nasdaq-100 futures are among the most actively traded equity index products at CME Group, averaging more than 1.1 million contracts per day in Q3-to-date,” said Paul Woolman, Global Head of Equity Index Products at CME Group. “At one-tenth the size of their benchmark E-mini counterpart, these micro-sized futures allow market participants to hedge or scale exposure with enhanced flexibility around major market-moving events, especially those with the potential to impact the tech-heavy sector of the Nasdaq-100.”
“The Nasdaq-100 Index® is one of the world’s preeminent large-cap growth indexes capturing companies with a legacy of innovation that create competitive advantages in their respective markets,” said Sean Wasserman, Vice President and Global Head of Index & Advisor Solutions at Nasdaq. “We congratulate CME Group on achieving this milestone and celebrate our collaboration in bringing unique products to market that provide investors with valuable exposure to companies impacting our society and economy.”
Source: CME
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
Citi Changes Organizational Structure
SEC Charges Virtu for Disclosures Relating to Information Barriers
ICE Futures Singapore Partners with CoinDesk Indices
Related articles
-
The structure and composition of the derivatives market is undoubtedly changing.
-
More than 40 clients have actively traded on CME's FX futures market in its first month.
-
More than $19m in notional volume traded on the first day.
-
Clients will make significant capital savings through the exchange's clearing partnership with LCH Limited.
-
International investors will be able to better manage the interest rate risk of their RMB assets.