CME · Earnings call · 2026Q3T · Full report

Single-Stock Futures Launch

CME GROUP INC. · 2026-10-21 · Importance 34 · Surprise 42

CME said Single Stock futures had traded more than 350,000 contracts since launch, representing about $3.5 billion of notional. The product offers a 100-share multiplier across 55 large U.S. names and a 10-share multiplier across 22 names. Management reported participation across more than 50 countries, with uptake in Europe and APAC, and said the product was distributed through retail broker partners and institutional FCMs. Institutional clients value cross-margining against CME equity index products, while retail brokers view the contracts as an options alternative; CME was focused on building liquidity and onboarding additional FCMs.

Key facts

• CME Group said Single Stock futures would launch without prediction-market features.
• CME Group's Single Stock futures had traded a little over 350,000 contracts since launch, representing about $3.5 billion of notional.
• CME Group offered a 100-share multiplier across 55 of the largest U.S. names and a 10-share multiplier across 22 names, a subset of the 55.
• CME Group reported global participation in Single Stock futures, including strong uptake in European and APAC markets.
• CME Group reported Single Stock futures commercial momentum across more than 50 countries.
• CME Group said buy-side firms were embedding Single Stock futures in QIS strategies and long-short equity models.