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Market Impact: 0.2
CME Group Announces First Trade of U.S. Zinc Futures
Source: PR Newswire
Commodities & Raw MaterialsDerivatives & VolatilityFutures & OptionsMarket Technicals & Flows
CME Group executed the first on-screen trades of its U.S. Zinc Futures on CME Globex on Aug. 20, with Glencore and Trafigura as the counterparties. The launch adds a new benchmark for zinc price discovery in U.S. futures markets, though the news is incremental and is unlikely to materially move broader markets.
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