March 31, 2022 - The CME has announced it will expand its suite of Micro E-mini S&P 500 options with the launch of Tuesday and Thursday Weekly options on April 25, pending regulatory review. These new weekly options contracts will complement the existing Monday, Wednesday and Friday Weeklies, End-of-Month and Quarterly options on E-mini S&P 500 futures.
"As demand for additional short-dated equity options continues to grow, we are expanding the number of weekly expiries to allow our clients to hedge or trade with enhanced flexibility and precision around major market-moving events," said Tim McCourt, CME Group Global Head of Equity and FX Products. "The addition of Tuesday and Thursday Weekly options also builds on our longstanding partnership with S&P Dow Jones Indices and provides another way for traders to access our deep, liquid underlying E-mini S&P 500 futures markets."
"S&P Dow Jones Indices and CME Group share a deep commitment to strengthen market accessibility and transparency through independent indices such as the S&P 500," said** Aye Soe, Global Head of Core and Multi-Asset Product Management at S&P Dow Jones Indices**. "As the S&P 500 marks its 65th year in 2022, it remains widely regarded as the best single gauge of the large-cap U.S. equity market with more than $13 trillion in assets indexed or benchmarked to it. Through CME Group's latest launch, S&P DJI is proud to license the S&P 500 to CME Group to expand the ecosystem of financial instruments tracking this iconic and historic benchmark."
Interest and trading activity around E-mini S&P 500 options continues to grow. Year-to-date, E-mini S&P 500 Monday, Wednesday and Friday Weekly options average daily volume is 841,214 contracts, representing a 75% increase year-over-year.
For more information on E-mini S&P 500 Weekly options, please click here.
To personalize content, provide a optimal experience, tailor and measure engagement; the browsing, navigating and the continous use of this website means you agree to the Terms of Service, Privacy Policy & Security Policy of this website. Your choices on this website will be applied globally throughout the website.
Your behavior, data and actions may be utilized to offer you optimal connections and services by approved and suitable providers fitting your account requirements and website actions. When contacting providers or initiating a provider request, match matrix or expert match review we may share necessary data to evaluate your compatability with our connected partners and suitable providers.