CME Group Announces Launch of Event Contracts for Trading Global Benchmark Products – PR Newswire | Jewelry Dukan

CHICAGO, September 19, 2022 /PRNewswire/ — CME Group, the world’s leading derivatives marketplace, announced today the launch of event contracts.

“We continue to see increasing demand from retail investors looking for less complex ways to gain exposure to and participate in CME Group’s benchmark products – some of the world’s most heavily traded futures markets,” he said Tim McCourt, Global Head of Equity and FX Products at CME Group. “Our event contracts will provide market participants with innovative, lower-cost ways to trade oil, gold, stock indices and foreign currencies.”

“Interactive Brokers is excited to introduce event contracts and offer our clients the opportunity to share their opinions on yes-or-no questions,” he said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. “Now available from IBKR EventTrader, these innovative contracts offer our clients a simplified way to trade major futures markets with limited risk.”

Ryan MoroneyCEO of CQG, said: “We have noticed growing demand on the retail side and are pleased to have worked closely with CME Group on the launch of event contracts. E-mini and micro contracts have resonated well with market participants, we expect that the products will attract significant attention as a new way to engage with many of the most popular benchmark products that reflect various aspects of the economy.”

NinjaTrader Group CEO Martin Franchise said: “CME Group’s events contracts will have tremendous appeal to individual investors, whether they are existing traders or new entrants. We are excited to be working with the exchange to offer and promote these innovative products through our NinjaTrader and Tradovate subsidiaries, and we look forward to playing an important role in growing the participant base not just on event contracts, but on the appointment and financial markets as a whole.”

“Dorman Trading looks forward to bringing new entrants to market and supporting existing traders by offering event contracts,” he said Daniel Dorman, Vice President at Dorman Trading LLC. “CME Group continues to introduce innovative products, and Event Contracts stand poised to inject new energy into the futures industry by providing short-term opportunities to trade price action for maximum profit or loss.”

“Ironbeam is pleased to offer these new event contracts on its innovative trading platform,” he said Omid Farr, Founder of Ironbeam. “We anticipate that the simplified trading experience will attract a new crowd of traders.”

Individuals will be able to trade their opinion on whether the price of the major futures markets will move up or down by the end of the daily trading session including Gold, Silver, Copper, Crude Oil, Natural Gas, E-mini S&P 500, E-Mini Nasdaq-100, E-Mini Dow Jones Industrial Average, E-Mini Russell 2000, and Euro-US Dollar forward exchange contracts.

These new daily options on futures also allow participants to know their maximum profit or loss when entering a trade. Each event contract is sized at $20 per contract.

For more information on this product, visit: www.cmegroup.com/eventcontracts.

About the CME Group

As the world’s leading derivatives marketplace, CME Group (www.cmegroup.com) enables its clients to trade futures, options, spot and over-the-counter markets, optimize portfolios and analyze data – empowering market participants worldwide to manage risks efficiently and seize opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indices, forex, energy, agricultural products and metals. The Company offers futures and options on futures trading through the CME Globex platform, fixed income trading through BrokerTec and forex trading on the EBS platform. In addition, it operates CME Clearing, one of the world’s leading clearing providers for central counterparties.

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. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are services and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor’s Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.

CME-G

SOURCE CME Group

Leave a Comment