CME Group, the world's leading derivatives marketplace, today announced that it is introducing event-based contracts designed for the retail audience that will make it easier for everyone to trade their views on daily up or down price moves in some of the world's most widely quoted benchmark futures markets, including gold, oil, equity indices and foreign currencies. These new daily options on futures contracts will offer short-term trading opportunities for individuals seeking to take a position on daily price moves using smaller-value trades of up to $20 per contract.To get more news about tradovate review, you can visit wikifx.com official website.
Individuals will be able to trade their view on whether the price of key futures markets will move up or down by the end of each day's trading session, beginning with gold, silver, copper, crude oil, natural gas, E-mini S&P 500, E-mini Nasdaq-100, E-mini Dow Jones Industrial Average, E-mini Russell 2000 and euro-U.S. dollar foreign exchange. Each event-based contract will be fully collateralized, with limited risk, meaning investors can choose their maximum profit or loss at the time of the trade.
"Retail investors have become increasingly savvy about their investment decisions and are actively seeking hands-on trading opportunities in new markets," said Terry Duffy, CME Group Chairman and Chief Executive Officer. "Our new event-based contracts will provide this dynamic retail investing crowd a simpler, lower-cost way to participate in some of the world's most recognized markets – many of which they interact with every day."
"We are excited to support the launch of event-based contracts from CME Group," said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. "The growth of the CME Group suite of micro products along with our low commissions, continue to benefit our clients seeking increased trading flexibility with less upfront commitment. We anticipate that the event-based contracts will be met with investor interest and we look forward to offering this new category of products to our active trader client base."
"Working with CME Group to introduce event-based contracts directly aligns with our mission to increase accessibility to the dynamic futures markets for retail investors," said Martin Franchi, CEO of NinjaTrader Group, LLC. "Our recent acquisition of Tradovate highlights our commitment to delivering innovative technology and customer-centric solutions. We appreciate the progressive product strategy from CME Group, which has helped accelerate the adoption of futures across the growing trading community."
By | buzai232 |
Added | Apr 26 '22, 08:50PM |
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