Core Insights - CME Group has expanded its Weekly agricultural options on grains and oilseed futures to include expirations for every day of the trading week, enhancing flexibility for market participants as the growing season approaches [1][2]. Product Expansion - The new daily expirations allow traders to align their options with significant market events, such as WASDE reports and weekends, which are associated with macroeconomic risks [2]. - The expansion of Weekly options is a response to the increasing demand for short-dated options, providing traders with tools to manage price risk more effectively [2]. Market Performance - Weekly agricultural options reached a record average daily volume (ADV) of 18,964 in 2024, representing a 72% year-over-year increase, driven by significant growth in Soybean Oil (up 220%), Soybean (up 109%), and Corn (up 63%) options [2]. - In January 2025, the ADV for Weekly agricultural options surged to 28,037, marking the third highest month on record [2]. Trading Details - Weekly options for Corn, Soybean, Wheat, Soybean Oil, and Soybean Meal futures are listed by the Chicago Board of Trade (CBOT) and are subject to its rules [3]. Company Overview - CME Group is recognized as the world's leading derivatives marketplace, offering a wide range of products across major asset classes, including futures, options, cash, and OTC markets [4]. - The company operates the CME Globex platform for futures and options trading, BrokerTec for fixed income trading, and EBS for foreign exchange trading, along with a central counterparty clearing provider, CME Clearing [4].
CME Group's Expanded Suite of Short-Term Agricultural Options Now Available for Trading