CME group Set to Launch Spot-Quoted Futures for Crypto and Equity Indices
The Chicago Mercantile Exchange (CME) is set to introduce spot-quoted futures for Bitcoin, Ethereum, and major equity indices by June 30, 2025. this move aims to cater to retail investors.
CME, a prominent derivatives marketplace, plans to offer spot-quoted futures for the world’s leading cryptocurrencies, Bitcoin and Ethereum.This initiative is subject to regulatory approval. If prosperous, it will also extend to futures contracts for the S&P 500, Nasdaq 100, Dow Jones Industrial Average, and russell 2000.
Tim McCourt,CME’s global head of equities,FX,and option products,explains that these products respond to growing investor demand. They will enable retail traders to access crypto and equity index futures more easily.
- Spot-quoted futures allow trading at spot market prices.
- Contracts can be held for up to five years.
- They offer smaller sizes and are capital-efficient.
Steve Sanders,from Interactive Brokers,praises the innovation. He says it provides capital efficiency and margin benefits, making it ideal for traders seeking optimized execution and cost.
CME has previously launched euro-denominated micro Bitcoin and Ethereum futures. They also introduced Solana (SOL) futures recently. This new product aims to meet the evolving needs of active traders.
