Movement Alert|CME Group Rises 3.01% in Regular Trading, Set to Launch Single-Stock Futures Covering 50+ Top US Equities on July 27

Market Focus
Jul 07

On July 7, CME Group rose 3.01% in regular trading, trading at $241.83/share, with turnover of $196 million.

On the news front, CME Group announced it will launch single-stock futures on July 27 covering more than 50 top US equities, pending completion of regulatory review. The initial offering includes 55 standard contracts and 22 micro contracts, with underlying names spanning Alphabet, Amazon, Apple, Meta, NVIDIA, and SpaceX. Tim McCourt, Global Head of Equities, FX and Alternative Products, stated that clients seek greater precision in managing single-name price risk while benefiting from the capital efficiency of centralized markets. The dual-track contract design targets both institutional and retail investors.

Additionally, CME reported June average daily volume surged 19% year-over-year to a monthly record of 30.6 million contracts, while Q2 ADV reached 29.8 million contracts, the second-highest quarterly level in history, underscoring robust derivatives demand.

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