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CME Group to Launch Micro WTI Futures on July 12

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CME Group announced it will expand its suite of micro-sized futures contracts with the introduction of Micro WTI futures. The contracts are expected to launch on July 12, pending regulatory review.

Micro WTI futures will be one-tenth the size of the company’s global benchmark WTI Crude Oil futures contract and cash-settled. They will enable market participants – from institutions to sophisticated, active, individual traders – to fine-tune exposure to crude oil markets and enhance their trading strategies in an efficient, cost-effective way.

Information Source: Read Full Release ..–>

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