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CME looks to lure retail traders with daily options frowned on in Europe

Financial Times LogoFinancial Times1 mo ago

CME looks to lure retail traders with daily options frowned on in Europe

Quick Summary AI Powered

The website for the new contracts depicts a simple yes-or-no question on which customers can place trades by swiping a phone screen.

CME’s customer base is heavily weighted towards professional traders and financial institutions.

The new event contracts will be valued at up to $20, with traders limited to buying up to 250 contracts at a time.


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Article Details

Author / Journalist: Eric Platt

Category: MarketsFinanceInvesting

Topics: Binary Retail Group Financial Options Traders Exchange Derivatives Markets Contracts

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-28, 19:21:22

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 3 minutes read

Article Length: 514 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 19083

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 15 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 14h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #3

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