CME Group to launch four new E-mini equity index futures on June 29
CME Group announced the launch of four new E-mini futures contracts on June 29, pending regulatory review, to expand its equity index suite. The new contracts cover indices including the Morningstar U.S. Total Market, Russell 3000, S&P 1500 Composite, and S&P Total Market, targeting over 90% of U.S. investable market capitalization.

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CME Group announced it will expand its benchmark suite of Equity Index futures with the launch of four new E-mini contracts on June 29, pending regulatory review. These products will enable market participants to trade futures on broad market indices covering more than 90% of the entire U.S. investable market capitalization, providing unified, all-cap risk management tools.
New Contract Offerings
The expansion includes futures on the following indices:
- E-mini Morningstar U.S. Total Market Index futures
- E-mini Russell 3000® Index Futures
- E-mini S&P 1500 Composite Index Futures
- E-mini S&P Total Market Index Futures
Strategic Benefits
Joe Hickey, Global Head of Equity Products at CME Group, stated that these contracts meet growing client demand for precision and capital efficiency. The launch follows a new multi-year index-based derivatives licensing agreement with Morningstar Indexes. Amelia Furr, President of Morningstar Indexes, highlighted that the Morningstar U.S. Total Market Index underpins approximately $2 trillion in assets. Representatives from S&P Dow Jones Indices and FTSE Russell also emphasized the role of transparent, broad market benchmarks in helping investors access the U.S. equity market.
| Feature | Details |
|---|---|
| Launch Date | June 29 |
| Coverage | >90% of U.S. investable market capitalization |
| Listing | CME |
| Status | Pending regulatory review |
How will the introduction of these all-cap futures impact trading volumes in CME's existing large-cap and small-cap index products?
What competitive response can be expected from rival exchanges like Intercontinental Exchange (ICE) regarding their own broad market index offerings?
Will the launch of these contracts drive a significant shift in institutional portfolio hedging strategies away from traditional S&P 500 futures?



























