CME Group Expands Credit Products with High Yield Duration-Hedged Futures

PR Newswire

CHICAGO, March 17, 2025

Volume across credit futures surpasses 275,000 contracts

CHICAGO , March 17, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the first day of trading in High Yield Duration-Hedged Credit futures, its fourth contract based on Bloomberg corporate bond indexes. The new product enables investors to manage credit exposure with greater precision as demand for fixed income hedging tools continues to grow.     

"In an environment driven by uncertainty, our high yield and investment grade credit futures provide highly efficient risk management solutions for corporate bonds, interest rates, equities and other assets," said Agha Mirza , CME Group Global Head of Rates and OTC Products. "Today's launch of High Yield Duration-Hedged Credit futures is well-timed given our latest milestone of 275,000 credit futures contracts traded since last June."

CME Group credit futures are the first futures contracts to help market participants manage duration risk through an intercommodity spread with U.S. Treasury futures. Clients can receive automatic margin offsets against CME Group's Interest Rate and Equity Index  futures, as part of its $60 billion in unparalleled capital efficiencies delivered daily across asset classes.

In March, open interest in CME Group credit futures reached a record 3,200 contracts, representing $320 million in notional value.

Available to trade on CME Globex and eligible for submission to clearing via CME ClearPort, CME Group credit futures are listed with, and subject to, the rules of CBOT.

For more information, please visit  www.cmegroup.com/credit .

As the world's leading derivatives marketplace, CME Group ( www.cmegroup.com ) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on  interest rates ,  equity indexes ,  foreign exchange ,  energy ,  agricultural products  and  metals . The company offers futures and options on futures trading through the CME Globex  platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago , Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.

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SOURCE CME Group