Euro-denominated E-mini S&P 500 Futures to Launch Monday
Trading Begins Monday, October 27, 2008
In just a few days, CME Group will kick off a smart new trading opportunity with Euro-denominated E-mini S&P 500 futures. These contracts, which have a multiplier of 50 euros (€), provide a flexible new way to trade the U.S. large-cap stock market and offer:
- Choice of trading the preeminent U.S. large-cap benchmark in two of the world's leading currencies, the euro and U.S. dollar (USD)
- Compelling correlations that generate new trading opportunities:
- Spread vs. USD-denominated E-mini S&P 500 contracts
- Spread vs. other euro-based derivatives
- Spread vs. European market indices
- Easy tool for managing U.S. large-cap and currency exposure in one trade
- Enhanced convenience and relevance for customers trading primarily in euros
- Dedicated market makers providing two-sided markets