CME to launch single-stock futures
Exchange will focus on ‘Mag 7’ tech names after rivals fail with broader offerings
CME is planning to launch single-stock futures, with an initial focus on ‘Magnificent 7’ tech names including Amazon, Nvidia and Tesla, according to sources familiar with the discussions.
Heads of clearing at two futures commission merchants say CME has presented the plan to clients and is eyeing a mid-2025 launch for the instruments.
*From middle of next year it will be one of their new product launches,” says one of the clearing heads. “Given the amount of leverage that retail wants in the in
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