CME Group introduces Micro E-mini options

Maria Nikolova

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.

International derivatives marketplace CME Group Inc (NASDAQ:CME) 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 today.

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.

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 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.

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