Futures News 

CME Group Broadens its Suite of E-mini S&P Select Futures

“CME Group, a derivatives marketplace, announced on Thursday that it would add Communication Services Sector futures contract to its suite of E-mini S&P Select Futures” reports financemagnates.com. The Communication Services Sector futures join the ten already existing Select Sector futures products on CME’s marketplace.Currently, the group offers E-mini S&P Select Sector future products in the technology, healthcare, utilities, consumer staples, finance, consumer discretionary, energy, materials, industrial, and real estate sectors.According to the statement, for Select Sector futures more than 12,000 contracts were traded per day in the second quarter of this year on CME’s platform.Commenting on the addition of the contract, Tim McCourt, CME Group Global Head of Equity Index Products and Alternative Investments said: “We are pleased to offer our customers precise exposure to the rapidly-changing communications sector through our suite of E-mini S&P Select Sector Index futures.
Source: financemagnates.com

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