International derivatives marketplace CME Group today announced it will launch E-mini S&P 500 Equal Weight futures on February 26, pending regulatory review.
While the S&P 500 Index weights companies based on market capitalization, the S&P 500 Equal Weight Index applies equal weight to all constituents in the index. The addition of these new E-mini contracts will give market participants another tool to deploy hedging and investment strategies across a broad range of potential market scenarios.
“The introduction of E-mini S&P 500 Equal Weight futures will provide market participants with a new way to access equity market breadth,” said Paul Woolman, Global Head of Equity Products at CME Group. “As the S&P 500 becomes more heavily concentrated towards larger companies, these new contracts can provide a liquid, cost-efficient tool…
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