CME launches near-round-the-clock single-stock futures on 55 equities including SpaceX and Micron
CME Group launched cash-settled single-stock futures on 55 U.S. stocks (plus micro-sized contracts on 22 names) that trade on Globex from Sunday evening through Friday afternoon with a one-hour maintenance break. The contracts offer a simpler, margin-based way to express bullish or bearish views compared with options, with no time decay and no ownership rights, and are settled in cash based on the stock’s official closing price at expiration. Initial names include SpaceX, Micron Technology, Nvidia, Tesla and Apple, with CME hinting at potential expansion based on demand.
