New contracts will cover over 90% of U.S. market cap and introduce smaller, cash-settled options for broader investor access.
CME Group will add four new E-mini equity index futures and two Micro E-mini options on June 29, pending regulatory approval. The futures will track the Morningstar U.S. Total Market, Russell 3000, S&P 1500 Composite, and S&P Total Market indexes, expanding coverage to more than 90% of U.S. investable market capitalization.
The new Micro E-mini S&P 500 and Nasdaq-100 options will be one-tenth the size of standard E-mini options, featuring short-dated expirations and cash settlement. These products aim to simplify execution and eliminate futures delivery requirements, targeting a wider range of market participants.
CME Group currently offers benchmark equity index futures and options, including E-mini S&P 500 and Nasdaq-100 contracts. The expansion follows recent growth in derivatives volumes and demand for flexible risk management tools.