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CME seeks to revive uranium trading with physical futures launch, sources say

CME
Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

CME Group plans to launch a physically based uranium futures contract in the coming months, potentially opening the thinly traded uranium market to more institutional participation. The product could improve price discovery and liquidity in a market that has been opaque and relatively illiquid. The news is modestly positive for uranium market structure and CME’s derivatives franchise.

Analysis

CME Group plans to launch a physically based uranium futures contract in the coming months, potentially opening the thinly traded uranium market to more institutional participation. The product could improve price discovery and liquidity in a market that has been opaque and relatively illiquid. The news is modestly positive for uranium market structure and CME’s derivatives franchise.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

CME0.20