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CME Group launches single stock futures on July 27

2026-07-27·newswire-us-stock-071612
CME Group launches single stock futures on July 27.

Shanghai Securities News China Securities Network News (Reporter Wang Youruo) Single Stock Futures contracts with a single stock as the underlying object are returning to the U.S. stock market.

The Chicago Mercantile Exchange Group (CME Group, hereinafter referred to as CME Group) recently announced that after completing regulatory reviews, it will launch single stock futures covering more than 50 leading U.S. stock companies on July 27, including Alphabet, Amazon, Apple, Meta, Nvidia and SpaceX.

The newly launched products will cover 55 standard futures contracts and 22 micro futures contract varieties, providing more flexibility for market participants to manage stock exposures.

Tim McCourt, global head of equities, foreign exchange and alternative products at CME Group, said: "Clients want increased granularity in managing stock price risk while benefiting from the capital efficiencies of centralized trading markets. Our newly launched single stock futures simplify investment access to the most liquid U.S.

individual stocks, allowing traders to easily switch between broad-based market index hedging and precise individual stock exposure allocation." This is not the first time a single stock future has been launched in the US stock market.

The Chicago Board Options Exchange (CBOE), the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT) jointly initiated the establishment of a new exchange called One Chicago, which officially started single stock futures trading in November 2002.

However, the exchange was eventually officially shut down in September 2020 after failing to attract sufficient trading volume. But CME Group believes that under the current boom in retail trading, single stock futures may regain the favor of investors.

CME Group data shows that demand for equity derivatives from both institutional and individual investors continues to grow.

In 2026, the trading volume and open contract volume of CME Group's related products hit new highs: the average daily trading volume of futures and options products was 8.6 million contracts, and the average open interest volume was 11.7 million contracts; the average daily trading volume of futures products was 7.2 million contracts, a year-on-year increase of 12%; the average open contract volume was 5.4 million contracts, a record high.

According to the contract details, each single stock futures standard contract corresponds to 100 shares, and each micro contract corresponds to 10 shares.

The contract is settled in cash without physical delivery, and the final settlement price is linked to the official closing price of the underlying stock on its primary listed exchange on the expiration date. Trading hours are scheduled from Sunday 6:00 pm to Friday 5:00 pm Eastern Time, with a one-hour maintenance break on each trading day.

The newly launched single stock futures can be traded 23 hours a day and operate nearly around the clock, which is also attractive to active investors. Stock options cease trading after the stock market closes, while futures continue to trade while earnings releases, overseas market volatility and macro shocks are still affecting prices.

However, Mat Cashman, head of investor education at the U.S. Options Clearing Corporation (OCC), reminded that market trends may be very unstable when trading outside normal trading hours, including within a few minutes of violent fluctuations after companies release financial reports.

Bloomberg reports that market demand may be stronger for targets that are more difficult to obtain shares (such as companies that have just gone public or have concentrated ownership). One use case for single stock futures is to help investors gain long or short exposure to companies with insufficient supply of stocks.

Previously, there was a limited supply of shares during the SpaceX initial public offering (IPO). Investors who fail to obtain popular IPO stock placements may use single stock futures in the future to increase related investment exposure with higher capital efficiency.

#Stocks #Nvidia #Apple #Meta #Amazon

Full text

CME Group launches single stock futures on July 27

Shanghai Securities News China Securities Network News (Reporter Wang Youruo) Single stock futures (SingleStockFutures) contracts with a single stock as the underlying object are returning to the U.S. stock market. The Chicago Mercantile Exchange Group (CMEGroup, hereinafter referred to as CME Group) recently announced that after completing regulatory reviews, it will launch single stock futures covering more than 50 leading US stock companies on July 27, including Alphabet, Amazon, Apple, Meta, Nvidia and SpaceX.

Shanghai Securities News China Securities Network News (Reporter Wang Youruo) Single Stock Futures contracts with a single stock as the underlying object are returning to the U.S. stock market. The Chicago Mercantile Exchange Group (CME Group, hereinafter referred to as CME Group) recently announced that after completing regulatory reviews, it will launch single stock futures covering more than 50 leading U.S. stock companies on July 27, including Alphabet, Amazon, Apple, Meta, Nvidia and SpaceX. The newly launched products will cover 55 standard futures contracts and 22 micro futures contract varieties, providing more flexibility for market participants to manage stock exposures. Tim McCourt, global head of equities, foreign exchange and alternative products at CME Group, said: "Clients want increased granularity in managing stock price risk while benefiting from the capital efficiencies of centralized trading markets. Our newly launched single stock futures simplify investment access to the most liquid U.S. individual stocks, allowing traders to easily switch between broad-based market index hedging and precise individual stock exposure allocation." This is not the first time a single stock future has been launched in the US stock market. The Chicago Board Options Exchange (CBOE), the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT) jointly initiated the establishment of a new exchange called One Chicago, which officially started single stock futures trading in November 2002. However, the exchange was eventually officially shut down in September 2020 after failing to attract sufficient trading volume. But CME Group believes that under the current boom in retail trading, single stock futures may regain the favor of investors. CME Group data shows that demand for equity derivatives from both institutional and individual investors continues to grow. In 2026, the trading volume and open contract volume of CME Group's related products hit new highs: the average daily trading volume of futures and options products was 8.6 million contracts, and the average open interest volume was 11.7 million contracts; the average daily trading volume of futures products was 7.2 million contracts, a year-on-year increase of 12%; the average open contract volume was 5.4 million contracts, a record high. According to the contract details, each single stock futures standard contract corresponds to 100 shares, and each micro contract corresponds to 10 shares. The contract is settled in cash without physical delivery, and the final settlement price is linked to the official closing price of the underlying stock on its primary listed exchange on the expiration date. Trading hours are scheduled from Sunday 6:00 pm to Friday 5:00 pm Eastern Time, with a one-hour maintenance break on each trading day. The newly launched single stock futures can be traded 23 hours a day and operate nearly around the clock, which is also attractive to active investors. Stock options cease trading after the stock market closes, while futures continue to trade while earnings releases, overseas market volatility and macro shocks are still affecting prices. However, Mat Cashman, head of investor education at the U.S. Options Clearing Corporation (OCC), reminded that market trends may be very unstable when trading outside normal trading hours, including within a few minutes of violent fluctuations after companies release financial reports. Bloomberg reports that market demand may be stronger for targets that are more difficult to obtain shares (such as companies that have just gone public or have concentrated ownership). One use case for single stock futures is to help investors gain long or short exposure to companies with insufficient supply of stocks. Previously, there was a limited supply of shares during the SpaceX initial public offering (IPO). Investors who fail to obtain popular IPO stock placements may use single stock futures in the future to increase related investment exposure with higher capital efficiency.

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