Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

Futures Trading Isn't Just for Big Players, CME Group Says

Duration: 05:10s - Published: < > Embed
News video: Futures Trading Isn't Just for Big Players, CME Group Says

Futures trading isn't just for big institutions, but also for average investors who want access to markets virtually around the clock, a top CME Group official says.

"A lot of people historically have thought that the futures markets were for professional traders only, [but] we actually believe that our markets offer a very cost-efficient way for individuals to trade," said Mark Omens of the CME Group, which runs the Chicago Mercantile Exchange and other futures and options markets.

Omens told TheStreet that futures "can offer traders a cost-effective way to manage portfolio risk nearly 24 hours a day. ...

For example, if you were long stock in a major technology company and they missed on earnings after the stock market closed, futures would allow one the ability to sell stock-index contracts to hedge their stock portfolio.

" He said perhaps the best example of futures' after-hours role came in June 2016, when Britain unexpectedly voted for the "Brexit" -- an exit from the European Union.

"Most stock markets were closed during this time and people wanted access to the markets, [so] we saw a huge increase in overnight trading," Omens said.

"We saw more than a million trades come from individual retail traders that night.

" More on Futures The CME Group recently co-sponsored TheStreet's Financial Success Strategies symposium in New York City.

Click here for a full report on what experts told the symposium about futures, options, bitcoin, ETFs and more, including Jim Cramer's thoughts on where markets are heading.

More of What's Trending on TheStreet: Target's Stock Will Put Money In Your Pocket This Holiday Season Why Millennials Aren't Afraid to Talk About Money Best Luxury Hotel Amenities for the Weary Business Traveler Developer Behind Pok.

0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

Watch More

Source: CLiP< > Embed

Roger Goodell Meets With Players, Owners Over Anthem Kneeling

NFL commissioner Roger Goodell met with a group of 20 to 25 prominent players and owners Tuesday night at the league’s New York headquarters to discuss players protesting during the national anthem, Giants linebacker Jonathan Casillas told NJ.com


Recent related news

CME to Place Limits on Bitcoin Futures To Avoid Extreme Volatility In Cryptocurrency

CME to Place Limits on Bitcoin Futures To Avoid Extreme Volatility In CryptocurrencyCME, the world’s largest exchange operator, will reportedly impose limits on bitcoin price...
WorldNews - Front PageAlso reported by •ETH News


CME Clearing Member To Regulator: Bitcoin Futures ‘Impossible’

CME Clearing Member To Regulator: Bitcoin Futures ‘Impossible’“It’s impossible,” a CME Group clearing member has told regulators about Bitcoin futures...
The Cointelegraph - Markets


You Might Like

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+