Commodities
CME Targets Retail Traders With Micro Corn, Soy Contracts
This article is for subscribers only.
CME Group wants to give retail investors an opportunity to trade corn and soybeans — without the risk of taking delivery of thousands of bushels if they hang on to a contract for too long.
Building off last year’s record futures and options volume in agriculture, the exchange is launching five new “micro” contracts for farm commodities that will trade at one-tenth the size of its standard offerings. The contracts, which started trading Monday, are also cash-settled instead of the physical-delivery system for the legacy products.