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CME Group plans sports index futures and options contracts
CME Group is expanding into sports-linked derivatives through a long-term partnership with index provider FutureSports to launch futures and options based on sports performance indexes.
CME Group plans to expand into sports-linked derivatives through a long-term partnership with index provider FutureSports, Hedgeweek reports.
The companies said they plan to launch futures and options contracts based on sports performance indexes, described as the first such sports performance index derivatives globally.
The effort is aimed at creating contracts tied to how sports participants perform, using sports performance indexes as the underlying measure.
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