E-Micro Gold Contracts

This is a piece of news that I had missed: The CME Group has introduced E-Micro Gold contracts, confirming the gold rush is now so wide that the exchange is looking for small traders/investors/speculators with positions as small as 10 ounces of Gold in futures contract.
CME Group [...] today announced the launch of E-micro gold futures exclusively on CME Globex to begin trading on October 3 for trade date October 4. These contracts will be listed by and subject to the rules and regulations of COMEX.

The E-micro gold contract is one-tenth the size of the benchmark 100-oz full-size gold futures contract and carries a smaller initial margin requirement. It also has lower trading fees than the standard gold contract, but offers the same full investor safeguards of trading in CME Group's regulated environment.
More details on the CME e-micro gold page:

No comments: