E-mini Russell 2000 Index Futures and Options

E-mini Russell 2000® Index futures and options on futures extend CME Group’s suite of benchmark U.S. index products and offer you even more ways to manage risk and tap into liquidity.

Product Benefits

With ADV and open interest, E-mini Russell 2000 Index futures offer the liquidity to efficiently and effectively manage risk.

Product Choice
Trade futures on the Russell 2000 and Russell 2000 Growth and Value indices, and fine-tune your options trading strategy with quarterly, weekly and end-of-month options on E-mini Russell 2000 Index futures.

Cost Savings
Enjoy margin offsets of up to 80%1 with other CME Equity Index futures and potential cost savings of 56bps-102bps2 when you trade Russell 2000 futures in lieu of ETFs.

Ways to Trade
Choose from central limit order book (CLOB) trading on CME Globex, block trades, Basis Trade at Index Close (BTIC), Trade at Cash Open (TACO) and exchange for physical (EFP) transactions to execute your E-mini Russell 2000 strategy.

About the Russell 2000 Index

A benchmark for U.S. small-cap stock performance, the Russell 2000 Index consists of the lower ~2,000 small-cap stocks in the Russell 3000 Index. The Russell 2000 Index is a broad-based market capitalization-weighted index that encompasses a range of sectors of the economy.

Understanding the Russell U.S. Index Reconstitution

Performed annually, Russell U.S. index reconstitution realigns the indices to ensure they remain an accurate reflection of the U.S. markets. During this multi-week process, FTSE Russell updates changes in market capitalization, sector composition, company rankings and style orientation.

Read: The Russell 2000 Index Reconstitution – Because markets change

Two ways to manage risk around the Russell U.S. Index reconstitution

View the Russell Reconstitution calendar and other resources

E-mini Russell 2000 Tuesday and Thursday options

Expand the small-cap strategies you can build with more expiries throughout the week with the introduction of Tuesday and Thursday expiries available on E-mini Russell 2000 options. These new contracts complement existing Monday, Wednesday, Friday weekly, end-of-month, and quarterly expirations.

Find out more

Trade against the open or close

Basis Trade at Index Close (BTIC)

BTIC enables you to execute a basis trade relative to the official close for the underlying index for more efficient cash management. BTIC is available for E-mini Russell 2000, E-mini Russell 2000 Growth, E-mini Russell 2000 Value, and Russell 2000 Total Return futures to provide greater trading flexibility.

More on BTIC

Trade At Cash Open (TACO)

TACO allows you to execute a basis trade on the E-mini Russell 2000 futures relative to the day’s official US equity market opening level – before the market open. With TACO, easily manage a.m.-expiring options deltas in advance.

More on TACO

About E-mini Russell 2000 Futures

    Contact Us

    More in Equity Indexes

    1 Margin offsets calculated as of March 27, 2020 and subject to change. Please view the E-mini Russell 2000 Index Margins page for the latest margin information.

    2 Savings calculated as of March 30, 2020 and subject to change.