[ad_1]
CME Group, the derivatives market that operates New York Mercantile Trade (Nymex) Henry Hub pure gasoline futures, stated its new micro buying and selling platform for gasoline bought off to a robust begin this month.
Micro Henry Hub futures launched Nov. 6 and, within the preliminary days, surpassed 50,000 contracts. These are one-tenth the dimensions of the corporate’s benchmark Henry Hub contracts, are cash-settled and are listed on the Nymex. CME is also providing micro pure gasoline choices.
When CME introduced it might launch the brand new choices in late September, it stated common every day quantity (ADV) within the full-sized Henry Hub futures contract was up 14% from 2022, pushed partly by international buying and selling. Quantity originating exterior the US had grown 3% by way of the primary 9 months of 2023 to about 21% of…
[ad_2]
Source_link
