CME Group, the world’s leading derivatives marketplace, announced plans to introduce Bloomberg Commodity (BCOM) Subindex futures on March 31, pending regulatory approval. The new contracts will provide traders with exposure to seven key commodity sectors:
- BCOM Agriculture Subindex futures
- BCOM Grains Subindex futures
- BCOM Livestock Subindex futures
- BCOM Petroleum Subindex futures
- BCOM Energy Subindex futures
- BCOM All Metals Subindex futures
- BCOM Precious Metals Subindex futures
Expanding Commodity Risk Management
Paul Woolman, CME Group’s Global Head of Equity Index Products, emphasized that these contracts will build on the success and liquidity of BCOM futures, offering investors additional tools to hedge against price volatility or capture sector-specific opportunities.
Bloomberg’s Umesh Gajria, Global Head of Index Linked Products, highlighted the growing adoption of BCOM-based strategies, noting that the new futures will provide investors with greater flexibility in managing commodity risk.
Strong Market Growth
The introduction of BCOM Subindex futures aligns with CME Group’s expanding suite of BCOM products, including futures, options, swaps, and Roll Select futures. Year-to-date trading performance has shown significant growth:
Average daily volume: 3,800 contracts, a 230% increase year-over-year
Open interest: 268,000 contracts (valued at $3.4 billion), up 64% year-over-year
As a global leader in derivatives trading, CME Group continues to provide market participants with innovative tools across asset classes, reinforcing its position as a hub for risk management and investment strategies.
