CME Group announced it will launch E-mini S&P 500 Equal Weight futures on February 26, pending regulatory review. While the S&P 500 Index weights companies based on market capitalization, the S&P 500 Equal Weight Index applies equal weight to all constituents in the index. The addition of these new E-mini contracts will give market participants another tool to deploy hedging and investment strategies across a broad range of potential market scenarios.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CME:
- Oppenheimer says buy these exchange stocks in 2024
- Saudi Tadawul Group acquires a strategic stake in Dubai Mercantile Exchange creating Gulf Mercantile Exchange
- Here’s What You Missed in Crypto This Week
- CME Group price target lowered to $219 from $220 at Morgan Stanley
- Rosenblatt sees CME Group as a winner from bitcoin ETF approval
