BlockBeats news, on July 27, according to Bloomberg, CME Group will launch single-stock futures on 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 stock, with trading available five days a week and 23 hours per day. CME has partnered with more than 35 retail brokers and plans to promote the product to institutional investors.
CME to Launch Single-Stock Futures for Over 50 U.S. Companies
KuCoinFlashShare
Summary
CME Group announced on July 27 the launch of single-stock futures for over 50 U.S. companies, including NVIDIA and SpaceX. The contracts will be cash-settled based on the closing price of the underlying stocks and will trade five days a week for 23 hours per day. CME has partnered with more than 35 retail brokers and is targeting institutional investors. This move could impact the futures market and influence altcoins to watch as traders seek diversified exposure.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.