Starting July 27, CME will offer over 50 single stock futures for U.S. stocks, covering Nvidia and SpaceX
According to Bloomberg, CME Group will launch single stock futures covering over 50 U.S. companies, including Nvidia and SpaceX, on July 27. The contracts will be cash-settled based on the closing price of the underlying stocks, trading 5 days a week for 23 hours each day. CME has partnered with over 35 retail brokers and plans to promote the product to institutional investors.
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