BIG E-mini Russell News

June 19, 2017 2:49PM CDT

On July 10th, 2017, the E-mini Russell 2000 Index futures and options contracts will depart the ICE Exchange and return to the CME (Chicago Mercantile Exchange) Group. During this transition, the futures products will be listed on both exchanges for a short period of time to facilitate the transition of open interest between the ICE and CME  Exchanges. Initial margin estimates for the E-mini Russell 2000 Index futures (RTY symbol) outright contract will be approximately $2350. Each tick in this contract is valued at $5.00. Therefore  from 1415 to 1416= $50.00 a point, just like the E-mini S&P.

The CME Group is the world’s leading and most diversified derivatives marketplace. In the last ten years, it has expanded its services to include four exchanges: CME. CBOT, Nymex, and Comex. The CME was first established in 1848 as the world’s first futures exchange based in Chicago. CBOT merged with the CME Group in 2007. It brought a large selection of interest rates, agricultural and equity index products. NYMEX joined the CME Group in 2008. It brought a large selection of energy products, metals, and agricultural contracts to the existing exchange. COMEX joined the CME Group in 2008. It expanded its metals products to include precious as well as ferrous metals. So who will join the CME Group next?

 

Want more information on the newest CME Member? Check out their Webinar for Active Traders to learn more about this and other important contracts! Register with the button below:

Register CME

RJO Futures | 222 South Riverside Plaza, Suite 1200 | Chicago, Illinois 60606 | United States
800.441.1616 | 312.373.5478

The risk of trading futures and options can be substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that RJO Futures believes to be reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgement at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades.

This material has been prepared by a sales or trading employee or agent of RJO Futures and is, or is in the nature of, a solicitation. This material is not a research report prepared by RJO Futures Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.

Distribution in some jurisdictions may be prohibited or restricted by law. Persons in possession of this communication indirectly should inform themselves about and observe any such prohibition or restrictions. To the extent that you have received this communication indirectly and solicitations are prohibited in your jurisdiction with registration, the market commentary in this communication should not be considered a solicitation.