{"id":48470,"date":"2026-07-16T18:45:43","date_gmt":"2026-07-16T10:45:43","guid":{"rendered":"https:\/\/www.phillipnova.com.sg\/?post_type=announcement&#038;p=48470"},"modified":"2026-07-16T18:45:43","modified_gmt":"2026-07-16T10:45:43","slug":"cme-group-has-launched-new-financially-settled-micro-e-mini-sp-500-and-nasdaq-100-options","status":"publish","type":"announcement","link":"https:\/\/www.phillipnova.com.sg\/cn\/announcement\/cme-group-has-launched-new-financially-settled-micro-e-mini-sp-500-and-nasdaq-100-options\/","title":{"rendered":"CME Group Has Launched New Financially-Settled Micro E-Mini S&#038;P 500 and Nasdaq-100 Options"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The CME Group has launched new financially-settled Micro E-mini S&amp;P 500 and Nasdaq-100 options.<\/p>\r\n<p>The key benefit is cash settlement at expiry &#8211; no futures assignment, no physical delivery mechanics to manage.<\/p>\r\n<p>&nbsp;<\/p>\r\n<p><strong>Summary Table:<\/strong><\/p>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td width=\"132\">\r\n<p>&nbsp;<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p>Micro E-mini Options (Existing)<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p>Micro Options (New)<\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td width=\"132\">\r\n<p>Symbols<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p>MES | MNQ<\/p>\r\n<p>X1A\u2013X5A | D1A\u2013D5A<\/p>\r\n<p>X1B\u2013X5B | D1B\u2013D5B<\/p>\r\n<p>X1C\u2013X5C | D1C\u2013D5C<\/p>\r\n<p>X1D\u2013X5D | D1D\u2013D5D<\/p>\r\n<p>EX1, EX2, EX4 | MQ1, MQ2, MQ4<\/p>\r\n<p>EX3 | MQ3<\/p>\r\n<p>EX | MQE<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p>Micro E-mini S&amp;P 500<\/p>\r\n<p>Monday Weekly: MS1A\u2013MS5A<\/p>\r\n<p>Tuesday Weekly: MS1B\u2013MS5B<\/p>\r\n<p>Wednesday Weekly: MS1C\u2013MS5C<\/p>\r\n<p>Thursday Weekly: MS1D\u2013MS5D<\/p>\r\n<p>Friday Weekly: MS1E\u2013MS5E<\/p>\r\n<p>&nbsp;<\/p>\r\n<p>Micro E-mini Nasdaq-100<\/p>\r\n<p>Monday Weekly: MN1A\u2013MN5A<\/p>\r\n<p>Tuesday Weekly: MN1B\u2013MN5B<\/p>\r\n<p>Wednesday Weekly: MN1C\u2013MN5C<\/p>\r\n<p>Thursday Weekly: MN1D\u2013MN5D<\/p>\r\n<p>Friday Weekly: MN1E\u2013MN5E<\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td width=\"132\">\r\n<p>Settlement<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p>Physically-settled (deliverable into Micro E-mini futures)<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p><strong>Cash-settled<\/strong><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td width=\"132\">\r\n<p>Contract Size<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p>1\/10th of standard E-mini options<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p>1\/10th of standard E-mini options<\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td width=\"132\">\r\n<p>Expiry Cadence<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p>Standard monthly + weekly series<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p><strong>Short-dated, Monday\u2013Friday daily expiries<\/strong><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td width=\"132\">\r\n<p>Exercise Procedure<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p>Weeklies: European, PM-expiring. Quarterly (MES\/MNQ): American, AM-expiring<\/p>\r\n<\/td>\r\n<td width=\"350\">\r\n<p><strong>European-style, p.m.-expiring options<\/strong><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<p>&nbsp;<\/p>\r\n<p><strong>\u6ce8\u610f\uff1a<\/strong><\/p>\r\n<ul>\r\n<li>Effective Monday, 13 July 2026, CME will cease listing any additional expiries for the existing physically-settled Options on Micro E-mini S&amp;P 500 and Micro E-mini Nasdaq-100 futures.<\/li>\r\n<li>The various weekly series (Monday\u2013Thursday and Friday Weekly 1\/2\/4) will be permanently delisted progressively between 14 July and 14 August 2026, End-of-Month series by 30 September 2026, Friday Week 3 and the standard monthly Options will continue trading through their last listed contract month before permanent delisting on 18 December 2026.\u00a0<strong>Hence, liquidity will progressively shift to the newer contracts.<\/strong><\/li>\r\n<\/ul>\r\n<p>&nbsp;<\/p>\r\n<p>For more details on the new contracts, please refer to the FAQ on CME Group\u2019s website\u00a0<a href=\"https:\/\/www.cmegroup.com\/articles\/faqs\/faq-options-on-micro-e-mini-s-p-500-and-nasdaq-100-futures.html#five\">\u6b64\u5904<\/a>.<\/p>\r\n<p>&nbsp;<\/p>\r\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>CME Group Has Launched New Financially-Settled Micro E-Mini S&#038;P 500 and Nasdaq-100 Options<\/p>","protected":false},"featured_media":0,"template":"","class_list":["post-48470","announcement","type-announcement","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - 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