CHICAGO, Dec. 9, 2024
/PRNewswire/ -- CME Group, the world's leading derivatives
marketplace, today announced that as of November 29, more than 3 billion Micro E-mini
Equity Index futures traded across all four indices.
"With over three billion of these contracts traded in less than
five years, our Micro E-mini Equity Index futures continue to
establish themselves among the most actively traded and deeply
liquid index products," said Tim
McCourt, Global Head of Equities, FX and Alternative
Products at CME Group. "As investors continue to navigate ongoing
market uncertainty, index choice is as important as ever. Our
breadth of products across every major U.S. index allow clients of
all sizes to more nimbly scale index exposure up or down."
"Nasdaq and CME Group have been providing investors with access
to the Nasdaq-100 Index® through innovative products for
more than 25 years, including the Micro E-mini Nasdaq-100 Index,
which offer investors greater flexibility as they manage their
portfolios," said Emily Spurling,
Senior Vice President and Head of Global Index at Nasdaq. "We
extend our congratulations to CME Group on achieving this milestone
and look forward to our continued collaboration to deliver products
that give investors more exposure to our Nasdaq-100
Index® ecosystem, which has included the most
groundbreaking and innovative companies in the modern economy for
nearly 40 years."
"S&P Dow Jones Indices congratulates CME Group for reaching
another significant market milestone," said Tim Brennan, Global Head of Capital Markets at
S&P Dow Jones Indices. "This latest milestone reinforces the
ongoing strength of both the S&P 500 Index, widely regarded as
the best single gauge of the U.S. equity market, and the Dow Jones
Industrial Average, one of the world's most watched and widely
cited benchmarks."
"FTSE Russell congratulates CME Group on reaching this
significant milestone of three billion contracts traded across its
Micro E-mini derivatives complex," said Shawn Creighton, Director of Index Derivatives
Solutions for FTSE Russell. "As our valued, long-term partner, we
are proud to have supported CME Group in such an achievement and
look forward to continuing our collaborative work on growing the
Russell 2000 product suite. Since its introduction in 1984, the
Russell 2000 Index has been widely viewed as the leading benchmark
for small cap performance, serving as the basis of investable
products. The Micro E-Mini Russell 2000 futures provide investors
access to a highly liquid and efficient U.S. small cap equity risk
management tool."
Micro E-mini Equity Index futures became available for trading
on the S&P 500, Nasdaq-100®, Russell 2000 and Dow
Jones Industrial Average in May of 2019, becoming one of the most
successful new product launches in CME Group's nearly 180-year
history. In addition, Micro E-mini S&P MidCap 400 and Micro
E-mini SmallCap 600 futures joined the Micro E-mini futures suite
in March 2023.
Due to ongoing client demand, and the strong support of index
partners, brokers and the intermediary community, these contracts
have continued to grow. Additional highlights include:
- 2.5 million contracts in average daily volume in
2024-to-date
- 19% of volume outside of U.S. trading hours
- More than 700 firms and 620,000 unique accounts have traded
these contracts in the last year
For more information on Micro E-mini Equity Index Products,
please visit: www.cmegroup.com/microeminis.
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, E-mini and Micro E-mini are trademarks of Chicago
Mercantile Exchange Inc. The S&P 500 Index and Dow Jones
Industrial Average are products of S&P Dow Jones Indices LLC or
its affiliates ("S&P DJI"). "S&P®", "S&P 500®", "SPY®",
"SPX®", US 500TM and The 500TM are
trademarks of Standard & Poor's Financial Services LLC
("S&P"); Dow Jones®, DJIA® and Dow Jones Industrial Average are
service and/or trademarks of Dow Jones Trademark Holdings LLC ("Dow
Jones"). These trademarks have been licensed for use by Chicago
Mercantile Exchange Inc. Futures contracts based on the S&P 500
Index and Dow Jones Industrial Average are not sponsored, endorsed,
marketed, or promoted by S&P DJI, Dow Jones, S&P, or their
respective affiliates and none of such parties makes any
representation regarding the advisability of investing in such
products nor do they have any liability for any errors, omissions,
or interruptions of these indices. All other trademarks are the
property of their respective owners.
Nasdaq®, the Nasdaq-100 Index® and the
Nasdaq-100® are trademarks of Nasdaq, Inc. (which with
its affiliates is referred to as the "Corporations") and are
licensed for use by CME Group. The Product(s) have not been passed
on by the Corporations as to their legality or suitability. The
Product(s) are not issued, endorsed, sold, or promoted by the
Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO
LIABILITY WITH RESPECT TO THE PRODUCT(S).
CME-G
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SOURCE CME Group