CME sponsors futures trading contest on TradingView

Exchange operator CME Group announced on Monday that it’s sponsoring a trading competition taking place on the website of charting and technology provider TradingView.

The competition, which started on Monday as well, will continue for four weeks and is branded as ‘The Leap’.

Trading is in simulated futures contracts on the TradingView platform across a number of different instruments, including gold, bitcoin, and oil. Most of the instruments available to trade are micro contracts.

Since going live almost 32,000 people have registered for the contest, which is running for prospective winners globally.

TradingView says that the prize pool for the contest, which is free to enter, is $25,000.

CME Group has been pushing broader access to the retail futures trading space, primarily by creating smaller size, cash-settled contracts that people can trade in.

Several firms that have traditionally offered CFDs, including AvaTrade and Plus500, have launched futures trading products aimed at retail clients.