CME Group to launch gold, silver, copper weekly options in April

Fri, 21 Mar - 4:03am

NEW YORK, March 20 (Reuters) - U.S. derivatives exchange operator CME Group Inc said on Thursday it will launch gold, silver, copper weekly option contracts, offering shorter durations than the current monthly options, beginning in April.

CME Group said the new products are based on the popular weekly options in other asset classes such as interest rates and foreign exchange. They also offer participants greater flexibility to trade around economic indicators, the Chicago-based company said.

(Reporting by Frank Tang; Editing by Peter Galloway)

((Frank.Tang@thomsonreuters.com)(+1 646 223 6126)(Reuters Messaging: frank.tang.thomsonreuters@reuters.net))

Keywords: CME GROUP METALS/OPTIONS

URN: 
urn:newsml:reuters.com:20140320:nL2N0MH190:4
Topics: 
CMPNY BASMTL PREC OPT MINE METL DRV RTRS MIN GDM BMAT EXCA GOL FIN US FINS CPPR COM BISV LEN SLVR INVS PREMTL MTAL AMERS

Contact Us

Due to the security nature of our business, personal meetings are only by pre-arranged appointment.
Phone at any time on

1300 987 995

info@ausmint.com