CME's Nikkei 225 futures contract, launched in 1990, is a price-weighted index comprised of 225 top-tier Japanese companies listed on Tokyo Stock Exchange. The Nikkei 225 Index is Japan's most widely followed and frequently quoted equity index.
Also, volume and open interest in E-mini S&P® MidCap 400 futures traded on GLOBEX®, CME's electronic trading platform, posted records yesterday, with 508 contracts traded and open interest of 1,191 positions. These records surpass the previous single-day volume record of 501 contracts set on Feb. 20 and the previous open interest record of 1,158 set on March 1.
The E-mini S&P MidCap 400 futures contract, launched on Jan. 28, is the CME's fourth offering of E-mini stock index products that include E-mini S&P 500, E-mini Nasdaq-100 and E-mini Russell 2000 contracts. The E-mini S&P MidCap 400 futures is one-fifth the size of the standard, pit-traded S&P MidCap 400 futures contract, providing a risk management tool for mid-size capitalization stocks.
Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States. As an international marketplace, CME brings together buyers and sellers on its trading floors and GLOBEX around-the-clock electronic trading platform. CME offers futures contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moves about $1.5 billion per day in settlement payments and manages $28.2 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.