CME Group To Add Tuesday And Thursday Expiries To Weekly WTI Crude Oil Options Starting July 2024
Portfolio Pulse from Benzinga Newsdesk
CME Group announced it will introduce Tuesday and Thursday expiries for its weekly WTI Crude Oil options starting in July 2024. This expansion aims to provide traders with more flexibility and precision in managing their exposure to the crude oil market.

May 07, 2024 | 8:13 am
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POSITIVE IMPACT
CME Group's introduction of additional expiry days for WTI Crude Oil options is likely to enhance its product offering, potentially increasing trading volume and revenue from these contracts.
By expanding the expiry options for WTI Crude Oil, CME Group is directly enhancing its commodities trading offerings. This move is likely to attract more traders seeking flexibility, thereby potentially increasing the trading volume and revenue generated from these contracts. Given the strategic nature of this expansion, it is expected to have a positive impact on CME's financial performance in the short term, assuming market conditions remain favorable for commodities trading.
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