CME Group to Launch Bloomberg Commodity (BCOM) Subindex Futures on March 31
BCOM Subindex futures will be available across seven leading commodity index sectors, providing investors with the ability to express their views around sector-specific asset volatility on their portfolios, including:
- BCOM Agriculture Subindex futures
- BCOM Grains Subindex futures
- BCOM Livestock Subindex futures
- BCOM Petroleum Subindex futures
- BCOM Energy Subindex futures
- BCOM All Metals Subindex futures
- BCOM Precious Metals Subindex futures
"Building on the success and liquidity of BCOM futures, these new contracts will provide market participants with seven additional ways to capture commodity index sector exposure," said
"Bloomberg is excited to support CME Group's expansion of investible commodity products and introduction of BCOM Subindex futures," said
BCOM Subindex futures will join the growing suite of CME Group BCOM products, including BCOM futures and options, BCOM swaps and BCOM Roll Select futures. Year-to-date trading highlights include:
- Average daily volume of 3,800 contracts, up 230% year-over-year
- Open interest of 268,000 contracts (
$3.4 billion in notional), up 64% year-over-year
BCOM Subindex futures will be listed on and subject to the rules of CME. For more information on these products, please visit www.cmegroup.com/bcomsubindex.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the
CME-G
View original content:https://www.prnewswire.com/news-releases/cme-group-to-launch-bloomberg-commodity-bcom-subindex-futures-on-march-31-302398392.html
SOURCE CME Group
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