CME Group plans to launch Single Stock futures on July 27, subject to regulatory approval, expanding its equity derivatives offering with contracts tied to individual U.S. listed companies.
The exchange will introduce 77 contracts covering 55 stocks from the S&P 500, Nasdaq-100 and Russell 1000 indexes. The lineup will include 55 standard-sized contracts, each representing 100 shares of the underlying stock, and 22 Micro contracts based on 10 shares.
The financially settled futures will allow traders to take long or short positions on individual stocks without owning the underlying shares. Contracts will trade nearly 24 hours a day and will be listed on a quarterly cycle.
According to CME Group, the products are designed to offer an alternative to stock and options trading by providing leveraged exposure through margin requirements and eliminating the need for physical share delivery at expiration.
The launch expands CME Group’s equity derivatives portfolio, which already includes index futures and options linked to benchmarks such as the S&P 500 and Nasdaq-100.
Single Stock futures were previously traded in the U.S. but have seen limited adoption, with exchanges seeking renewed demand through broader product offerings and the introduction of smaller contract sizes.
