CME Group To Streamline Short-Dated Standard And E-Mini S&P 500 Options Strike Prices - New Methodology Will Reduce Number Of Strike Prices By 40 Percent, Providing More Relevant Pricing To Customers

CME Group, the world's leading and most diverse derivatives marketplace, plans to reduce the number of listed strike prices for Standard and E-mini S&P 500 options, pending regulatory review. This change is designed to offer a more relevant mix of strike prices for short-term investors. It will apply to Monday, Wednesday and Friday weekly expirations that are listed after Oct. 1, 2018. This change will exclude Standard and E-mini S&P 500 options that expire on the third Friday of every month, as well as end-of-month and quarterly E-mini S&P 500 options.