Get expanded access to deep E-mini Equity options liquidity with options blocks trading, allowing market participants to privately negotiate and execute large trades. Block trading enable participants to replicate certain trades traditionally executed in OTC markets or via other venues, but with greater flexibility, cost-efficiency and the benefits of centralized clearing at CME Group. Block trading is available for E-mini S&P 500 (ES) and E-mini Russell 2000 (RTY) options.
Coming January 24: Options on E-mini Nasdaq-100 futures (NQ) will be eligible for block trading, with a minimum block threshold of 60 contracts per leg.
View the Special Executive Report (SER) for more information.
Get to know the fundamentals of block trading Equity Index options and review a trade example with E-mini S&P 500 options blocks.
Increase capital efficiency
Save with margin offsets on listed, delta-neutral covered futures and options block trades for relief from common OTC charges related to Basel, RWA, and SLR.
Manage exposure with no break-up risk
Mitigate counterparty credit exposure and get a 100% match guarantee with a delta-neutral covered options block at CME Group. The trade is bilateral with no need to expose the trade.
No ISDA or CSA documentation is required to execute a covered futures and options block trade at CME Group, making more seamless execution possible.
Get a delta-neutral proxy for OTC combos
Trading delta-neutral is the preferred convention for larger Equity Index options trades requiring capital commitment. Covered options block trades can replace the need for an OTC synthetic combo.
A new way to access S&P 500 liquidity
Understand the main features of ES options blocks, including confidentiality while trading, reduced slippage, and flexibility in hedging large S&P 500 exposure.