BREAKING: CME Group launches Single Stock futures today, giving traders futures on 50+ of the biggest U.S. stocks including Nvidia, Apple, Tesla, and SpaceX.
Details include:
1. Contracts trade nearly 23 hours a day, so you can react to earnings and news while the stock market sleeps
2. Cash-settled with leverage, go long or short with no borrowing fees and no shares to deliver
3. Two sizes: 55 standard contracts (100 shares each) and 22 Micro contracts (10 shares each) to fit any account
4. SpaceX makes the list, letting traders bet on a private company without ever owning a share
Single stock futures failed the first time 24 years ago.
CME is betting retail traders and hot IPOs make this one work.