CME Group Launches Options on Treasury Bonds Due Monday
CME Group, the global derivatives market, extended its U.S. Treasury options to introduce options that expire on Monday, enhancing traders' tools to effectively manage market movement events in a dynamic environment.。
CME Group, the global derivatives market, extended its U.S. Treasury options, introducing options that expire on Monday in addition to its existing Wednesday and Friday options.。This new feature enhances traders' tools to effectively manage market movement events in a dynamic environment。
Agha Mirza, Global Head of Interest Rates and OTC Products at CME Group, said: "Our short-term options provide additional opportunities to navigate the volatility of the U.S. Treasury market and record risk transfer.。In today's uncertain interest rate environment, Fed meetings, economic reports and other data-driven metrics are increasingly becoming risk drivers for our clients。"
All parties actively respond to market dynamics
CME Group's products due Monday provide traders with a mechanism to hedge their risk over the weekend and diversify their risk management strategies.。According to the group, the new product reflects the company's commitment to adapt to the changing market, enabling traders to make informed decisions accurately.。
So far this year, CME Group's average daily trading volume (ADV) of U.S. Treasury options reached 1.1 million contracts, a new record, including 34 weekly U.S. Treasury options..Significant ADV for 80,000 contracts。
In the third quarter, Chicago Mercantile Exchange Group's earnings surged 14%, driven by traders hedging against market volatility。As geopolitical turmoil intensifies, traders turn to CME Group products to reduce business risks, resulting in a 9% increase in revenue。
Expanding portfolio while growing earnings
The company's third-quarter revenue reached $1.3 billion and operating income totaled $8.$200 million。Notably, CME's ADV reached 22.3 million contracts in the third quarter.。
CME Group has posted double-digit earnings growth for eight straight quarters。Its debt-to-EBITDA ratio is below 1, ahead of competitors such as Intercontinental Exchange, Nasdaq and CBOE.。In addition, the group received an AA credit rating.。
Recently, CME Group CEO Terry Duffy said the derivatives market was well positioned to explore mergers and acquisitions.。CME's M & A Aspirations Make Chicago Board Options Exchange a Potential Target。
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