CME Group Announces Launch of Micro E-mini Options


Options on the Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures are 1/10th the size of their E-mini options counterparts.

September 1, 2020 | AtoZ Markets – CME Group, the world’s leading and most diverse derivatives marketplace, has announced the launch of options on its Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts, which became available for trading yesterday.

Options on the Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures are 1/10th the size of their E-mini options counterparts. The listing cycle for the new options consists of five Friday weekly options, three end-of-month options, and two quarterly options contracts.

Micro E-mini Equity options the most successful new product in CME Group

Successful options contracts require a robust, liquid underlying futures market. Since launching one year ago, Micro E-mini Equity futures have rapidly developed round-the-clock liquidity and become the most successful new product in CME Group’s history.

Some of the Micro E-mini equity futures highlights include:

  • Since launch, 186 million cumulative Micro E-mini S&P 500 futures contracts traded and 131 million cumulative Micro E-mini Nasdaq-100 futures contracts traded;
  • 1.5 million contracts traded across both futures products combined, on average, each day in 2020,
  • 30% of Micro E-Mini S&P 500 and Micro E-Mini Nasdaq-100 futures trading volume originated outside of the U.S. year-to-date in 2020, and
  • 93,000+ unique accounts have traded both futures contracts since launch.

Recently, CME Group and Nasdaq announced plans for launching a new futures contract on the Nasdaq-100 Volatility Index (VOLQ). CME Group will introduce the new Nasdaq-100 Volatility Index futures contracts on 5 October, pending regulatory approval.

Earlier last month, CME Group announced that the Precious Metals market registered a record volume of 1.55 million contracts on 11 August. The volumes surpassed the previous record of 1.51 million the company reached on 28 February 2020.

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