Reported about 5 hours ago
CME Group is introducing five new 'micro' corn and soybean contracts aimed at retail investors, allowing them to trade at a one-tenth size of standard contracts without the risk of physical delivery. These cash-settled contracts are designed to accommodate smaller-scale farmers and mitigate exposure to market volatility. Increased trading is expected, especially with over 54,000 contracts already traded on their opening day, as CME aims to expand its reach beyond institutional investors.
Source: YAHOO