CME Unveils Around-the-Clock Single-Stock Futures for Big US Names

CME Group will launch more than 50 single-stock futures contracts tied to large US equities, cash-settled at the closing price, in two sizes (standard 100-share and micro 10-share) and trade five days a week nearly 23 hours a day, aiming to give traders leveraged exposure without options and attract retail participation amid IPOs and stock shortages; the move requires SEC and CFTC approvals and carries typical futures risks like choppiness after hours and trading commissions.