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CME Group to Launch FTSE CoreCommodity CRB Futures on July 21

1. CME Group announced FTSE CoreCommodity CRB futures, pending regulatory approval. 2. These futures provide exposure to a basket of 19 global commodities. 3. Open interest in CME's Commodity Index futures grew 315% since 2020. 4. New contracts enhance tools for managing price risk and capital efficiency. 5. FTSE and CME's collaboration aims to broaden investors' access to commodities.

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FAQ

Why Bullish?

The launch of new commodity futures is likely to attract more trading volume, boosting CME's revenues. Historical data shows increased trading activity following successful new product launches.

How important is it?

The introduction of new futures can significantly impact CME's trading volume and market presence, making it a key development for investors.

Why Short Term?

Immediate interest and trading activity are expected as the product launches, similar to past launches like E-mini contracts.

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CMEGDXDBA
, /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced plans to launch FTSE CoreCommodity CRB futures, pending regulatory review. The FTSE CoreCommodity CRB Index provides broad exposure to the global commodities market and tracks a basket of 19 commodities, including energy, agriculture, precious metals and industrial metals contracts. "These new financially settled contracts will provide clients with further solutions to manage commodity index price risk across these important markets," said Paul Woolman, Global Head of Equity Index Products at CME Group. "Since 2020, open interest in our Commodity Index futures suite has grown 315%, from 76,000 contracts to 316,000 contracts year-to-date. The addition of CoreCommodity CRB futures will offer market participants an expanded set of tools to both access the commodity index space as well as hedge against adverse price moves. Additionally, these contracts will offer greater potential to access margin efficiencies when implementing commodity index trading strategies." "We're excited to deepen our relationship with CME Group through the launch of the FTSE CoreCommodity CRB Index futures, which offers investors broad-based access to the global commodities market," said Shirley Barrow, Head of Interest Rates, Currencies and Commodities at FTSE Russell. "This expanded collaboration with CME Group reflects our shared commitment to meeting the evolving needs of market participants by providing enhanced tools to manage price discovery and unlock greater capital efficiency in their trading strategies." FTSE CoreCommodity Index futures will be listed on and subject to the rules of CME. For more information on these products, please visit www.cmegroup.com/crb. 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 SOURCE CME Group WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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