CME Group to Launch Tuesday & Thursday E-mini Nasdaq-100 options

September 8, 2022 - CME Group, a derivatives marketplace, announced it will expand its suite of E-mini Nasdaq-100 options with the launch of Tuesday and Thursday Weekly options on October 3, pending regulatory review. These new weekly options contracts will complement the existing Monday, Wednesday and Friday Weeklies, End-of-Month and Quarterly options on Nasdaq-100 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, Global Head of Equity and FX Products at CME Group. "The addition of Tuesday and Thursday Weekly options also builds on our longstanding partnership with Nasdaq and provides another way for traders to access our deep, liquid underlying Nasdaq-100 futures markets."

"The Nasdaq-100 index has provided investors with exposure to the world's most innovative companies for over 35 years," said Sean Wasserman, Vice President and Global Head of Index & Advisor Solutions at Nasdaq. "We're pleased to be continuing our work with CME Group to expand the weekly options supporting investors with innovative tools to customize their investments and risk management."

Year-to-date, E-mini Nasdaq-100 Monday, Wednesday and Friday Weekly options average daily volume is 29.4K contracts, representing a 66% increase year-over-year.