Micro Futures Comparison

Micro Energy Futures Contracts

Trade global benchmark products and take advantage of tight bid/ask spreads in the world's most extensive and liquid energy marketplace.

• Micro WTI Futures and Options
  Gain direct exposure to the crude oil market using CME Group West Texas Intermediate (WTI) Light Sweet Crude Oil futures, the world’s most liquid oil contract. WTI Crude Oil futures and options are the most efficient way to trade the largest light, sweet crude oil blend.
• Micro Natural Gas Futures
  Manage risk using highly liquid Henry Hub Natural Gas futures and options. Quickly get in and out of positions with one of the largest physical commodity futures contracts in the world by volume, or customize your trading strategies with American, calendar spread, European or daily options.

Micro Metals Futures Contracts

Express a view on precious and industrial metals markets or trade inter-market metal spreads. Explore the variety of micro contracts, allowing you to add more precision to your metals portfolio.

• Micro Gold Futures and Options
  Micro gold futures and options provide global price discovery and opportunities for portfolio diversification by presenting a pure play trade on the price of gold, which offers ongoing trading opportunities, as gold prices respond quickly to political and economic events.
• Micro Silver Futures
  Possessing both precious and industrial metals characteristics, Micro Silver futures and options allow traders a flexible way to gain exposure to this versatile metal.
• Micro Copper Futures
  As a critical metal in the industrial world, copper is often referred to as ‘Dr. Copper’ as it is widely recognized as an indicator of global economic health.

Micro FX Futures Contracts

Manage FX exposure in a highly liquid marketplace using cleared and listed futures and options. Benefit from open and transparent pricing to identify opportunities and find efficient alternatives to forwards, swaps, and options.

• Micro EUR/USD Futures
  The most actively traded currencies in the world, the euro and US dollar are underwritten by more than $1 trillion in goods and services trade annually.
• Micro AUD/USD Futures
  Australia’s resource-driven economy is heavily dependent on global growth and commodity prices. CME FX futures offer more precise risk management of AUD/USD exposure.
• Micro GBP/USD Futures
  One of the most actively traded currencies in the world, the British pound and the US dollar are underwritten by more than $250Bn in trade annually.

Micro Interest Rate Futures Contracts

Use Interest Rate futures and options to manage exposure to U.S. treasury yields, global money markets, and mortgage-backed securities in a safe, capital-efficient way.

There are two types of smaller-sized interest rate futures: yield futures and micro treasury futures. Yield futures are cash-settled, priced in yield and linked to a specific on-the-run security. Micro Treasury futures are cash-settled, 1/10-size versions of the standard Treasury futures. They are traded on price, track a basket of deliverable securities, and settle to the prices of their respective standard Treasury futures.

Micro Yield Futures Contracts

• 2-Year Yield futures
  Trade one of the most watched points at the short end of the curve, priced in yield.
• 5-Year Yield futures
  An intuitive way to obtain 5-year Treasury exposure. Contracts are priced in yield with a constant BPV for easier spread trading across Yield future tenors.
• 10-Year Yield futures
  Trade one of the most watched points on the curve, priced in yield.
• 30-Year Yield futures
  Priced in yield, obtain exposure to the long end of the curve in Treasury markets with these contracts.

Micro Treasury Futures Contracts

• Micro 10-year Futures
  A smaller version of the Ultra 10-Year futures contract, built for traders to offer greater precision and improved yield curve trading.
• Micro Ultra Treasury Bond
  Achieve 30-year Treasury bond exposure at a fraction of the contract size, making for more accessible trades with pinpoint exposure.

Micro Ag Futures

Micro Ag futures are smaller-sized products at 1/10 the size of their respective standard contracts for precise exposure to global grains and oilseeds. Agricultural market opportunities are more accessible than ever with lower capital requirements. Trade Micro Corn, Wheat, Soybeans, Soybean Oil and Soybean Meal futures to diversify your portfolio and produce opportunities from major crops that feed the world.

• Micro Corn
  Fine-tune your agricultural portfolio with Micro Corn futures, sized at 1/10 the standard-sized Corn futures contracts with smaller margin requirements.
• Micro SRW Wheat
  Develop hedging strategies, manage your risk and access deep liquidity, using Chicago Wheat futures and options, the global industry standard and the most actively traded wheat benchmarks in the world.
• Micro Soybeans
  Calibrate your exposure to agricultural markets with Micro Soybean futures, sized at 1/10 the Oilseed futures contract and providing the same benefits but with smaller margin requirements.
• Micro Soybean Meal
  Fine-tune exposure to ag markets with Micro Soybean Meal futures at 1/10 the size of Soybean Meal futures with smaller margin requirements.
• Micro Soybean Oil
  Fine-tune your exposure to ag markets with Micro Soybean Oil futures at 1/10 the size of Soybean Oil futures with smaller margin requirements.