CHICAGO, April 9,
2024 /PRNewswire/ -- CME Group, the world's leading
derivatives marketplace, today announced that trading in its new
Micro U.S. Treasury futures has surpassed 100,000 contracts since
launching just two weeks ago on March
25.
"As the world's most liquid market for U.S. Treasury
futures, CME Group is pleased that so many of our global
clients are incorporating smaller-sized Micro U.S. Treasury futures
into their trading strategies," said Agha Mirza, CME Group Global Head of Interest
Rates and OTC Products. "Amid shifting interest rate
expectations, Micro U.S. Treasury futures offer easier access to
key 10- and 30-year benchmarks, complementing our broad risk
management suite of U.S. Treasury offerings."
CME Group recently reported its highest-ever Q1 average daily
volume of 7.8 million contracts in U.S. Treasury futures and
options, an increase of 12% year-over-year.
Micro U.S. Treasury futures are cash-settled and one-tenth of
the size of Ultra 10-Year U.S. Treasury Note futures and Ultra U.S.
Treasury Bond futures. The contracts receive automatic margin
offsets against existing CME Group Interest Rate futures, and are
listed by, and subject to, the rules of CBOT. For more information,
please visit here.
Since launching in 2019, more than 2.8 billion micro-sized
contracts have traded at CME Group, enabling market participants
with greater flexibility and the same capital efficiency as
standard contracts in interest rates, equity indices, metals, FX,
energy and cryptocurrency.
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 is a trademark of BrokerTec Americas LLC
and EBS is a trademark of EBS Group LTD. 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 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 Index 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