CHICAGO, Feb. 21,
2023 /PRNewswire/ -- CME Group, the world's
leading derivatives marketplace, today announced it will launch
Micro E-mini S&P MidCap 400 and Micro E-mini S&P SmallCap
600 futures on March 20, pending
regulatory review. These new contracts will complement the existing
E-mini S&P MidCap 400 and E-mini S&P SmallCap 600
futures.
"At one-tenth the size of their E-mini counterparts, our new
Micro E-mini MidCap 400 and SmallCap 600 futures contracts will
provide enhanced versatility to market participants as they manage
equity market risk," said Paul
Woolman, Executive Director of Equity Products at CME Group,
"With the addition of these two new contracts, we will now have
Micro E-mini futures available to trade across the entire suite of
S&P indices – large-, mid-, and small-cap – both extending the
reach of these sectors to a broader array of market participants,
as well as providing a more precise toolset for investors to scale
index exposure."
These new contracts will also expand on the company's existing
Micro E-mini S&P 500 futures, which have traded more than 871
million contracts since their launch in May
2019.
"The S&P MidCap 400 and S&P SmallCap 600 indices are two
of S&P Dow Jones Indices' flagship U.S. equity benchmarks.
Along with the iconic S&P 500 Index, these two widely tracked
benchmarks offer market participants with diverse market
capitalization exposures to U.S.-based and exchange-listed
companies and are distinct barometers measuring specific U.S.
equity market segments," said Tim
Brennan, Head of Capital Markets at S&P Dow Jones
Indices. "As CME Group rounds out its offering of contracts by
licensing these leading equity indices, market participants will
have a more holistic and transparent view of the U.S. equity market
through a mix of small-, mid- and large-cap stocks."
For more information on Micro E-mini S&P futures, please
visit: www.cmegroup.com/microemini.
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
,S&P 400®, S&P MidCap 400®, S&P 600® and S&P
SmallCap 600® 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,
S&P 400 and S&P 600 Indexes 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