New Housing Contracts To Be Traded
Chicago Mercantile Exchange (CME) is planning on launching a housing index futures contract next year.
There has been a licensing agreement that was signed with MACRO Securities Research, LLC, the New Jersey-based financial research firm which is in charge of developing these contracts.
CME will list futures and futures options on metropolitan areas, namely Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York commuter area, San Diego, San Francisco and Washington D.C.
Contracts will be traded exclusively on the Globex®, CME's electronic platform.
This is the kind of news I read all the time, while it is interesting it really does not help me much in my trading, but there is a lot of it out there.
I still hope to run across some futures news that will give me an idea as the price range that some futures contract will stay in. I have to go search some more.
There has been a licensing agreement that was signed with MACRO Securities Research, LLC, the New Jersey-based financial research firm which is in charge of developing these contracts.
CME will list futures and futures options on metropolitan areas, namely Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York commuter area, San Diego, San Francisco and Washington D.C.
Contracts will be traded exclusively on the Globex®, CME's electronic platform.
This is the kind of news I read all the time, while it is interesting it really does not help me much in my trading, but there is a lot of it out there.
I still hope to run across some futures news that will give me an idea as the price range that some futures contract will stay in. I have to go search some more.
