CME Group Partners with FutureSports to Introduce World's First Futures on Sports Indexes
The first contracts would be cash-settled and expire monthly or quarterly, giving traders a regulated way to hedge sports-related risk.
7 Articles
7 Articles
CME Plans Futures Tied to Sports to Be Used as New Hedging Tool
CME Tests Institutional Demand for Sports Index Derivatives
CME Group plans to list futures and options on FutureSports Performance Indexes. The proposed launch would extend sports-linked trading beyond individual event contracts into benchmark-based derivatives for institutional markets.FutureSports emerged from stealth in July as an independent index administrator backed by CME Ventures, Robinhood, Wedbush and DRW Special Investments. Its board includes former ICE chief operating officer Mark Wassersug…
CME, FutureSports to Debut First Futures on Sports Indexes
Contracts based on FutureSports Performance Indexes (FSPI) to offer new hedging vehicles for sports ecosystem, trading opportunities for institutions and individuals CME Group, the world’s leading derivatives marketplace, and FutureSports, the new independent index administratortransforming professional and college sports statistics into rules-based, benchmark financial indexes, announced a long-term partnership through which CME Group will list…
CME Group collaborates with FutureSports to introduce futures on sports indexes
International derivatives marketplace CME Group and index administrator FutureSports today announced a long-term partnership. The post CME Group collaborates with FutureSports to introduce futures on sports indexes appeared first on FX News Group.
Both Chicago-based companies will announce more details on these products in the coming weeks
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
