CME Group To Launch Micro Nikkei Futures In Yen And US Dollars
Portfolio Pulse from Benzinga Newsdesk
CME Group is set to launch yen- and U.S. dollar-denominated Micro Nikkei futures on October 28, pending regulatory review. These contracts will provide traders with more precise access to the Japanese stock market and mitigate FX exposure. The launch marks 20 years since the first Nikkei futures on CME Globex.
October 01, 2024 | 7:31 am
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CME Group is expanding its Nikkei 225 futures with new micro-sized contracts in yen and USD, enhancing trading precision and FX exposure management.
The introduction of micro-sized Nikkei futures by CME Group is likely to attract more traders due to increased precision and FX exposure management. This could lead to higher trading volumes and revenue for CME, positively impacting its stock price.
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