Press release
CME Group to Launch Spot-Quoted Futures, Providing Innovative New Trading Opportunities for Retail Investors
Smaller-sized, longer-dated contracts will create new trading opportunities across the leading cryptocurrency and equity index marketsCHICAGO, April 2, 2025
About this update from Cme Group Inc.
[{"type":"text","content":"Smaller-sized, longer-dated contracts will create new trading opportunities across the leading cryptocurrency and equity index marketsCHICAGO, April 2, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced plans to launch Spot-Quoted futures on June 30, pending regulatory review.\n\nSpot-Quoted futures will allow investors to trade futures positions in spot-market terms (i.e., the price quoted on screen on financial media and investment sites). Contracts will be available for the two leading cryptocurrencies, bitcoin and ether, as well as across the four major U.S. equity indices, including the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average. In addition, investors will be able to hold these contracts for up to five years – without needing to roll – making a long-term position easier to hold than ever.\n\"Market participants will now be able to trade benchmark cryptocurrency and equity index futures at spot prices, making these instruments more accessible and easier to use than ever before,\" said Tim McCourt, Global Head of Equities, FX and Alternative Products at CME Group. \"In response to growing retail demand for smaller-sized, longer-duration products, these capital-efficient contracts – designed with similar features of perpetual contracts – will provide greater precision and market accessibility to clients. Spot-Quoted futures will provide retail traders more flexibility by allowing them to either maintain the position in accordance with their longer-term view, or to more easily trade in and out of positions, without having to roll positions frequently.\"\n\"CME Group continues to deliver products that meet the evolving needs of active traders,\" said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. \"With Spot-Quoted futures, investors can trade directly at the spot level while gaining the capital efficiency and margin benefits of a futures contract. It is a smart solution for traders looking to optimize both execution and cost.\"\n\"The introduction of Spot-Quoted futures is another example of innovation by CME Group in bringing futures to active traders,\" said Martin Franchi, CEO of NinjaTrader. \"The smaller size and longer-dated nature of these new products will allow investors to gain access to the leading cryptocurrencies and...