Chicago exchange giant said the new equity product will start trading in March
The Chicago Mercantile Exchange Group
(CME) announced on Thursday the launch in March of a new mini
contract that allows traders to benefit from the performance of
newly listed firms.
The Merc said in a statement on Thursday
the E-mini IPOX 100 US index futures contract is
designed to allow traders to capture the return dynamics of US
initial public offerings (IPOs) and corporate spin-offs,
thereby providing the opportunity to trade on growth and
innovation in the US IPO market.
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