CME will provide more than 50 U.S. stocks with single stock futures covering Nvidia and SpaceX starting July 27

According to Bloomberg, CME Group will launch a single stock futures covering more than 50 U.S. companies such as Nvidia and SpaceX on July 27. The contract will be settled in cash based on the closing price of the underlying stock and will be traded 5 days a week for 23 hours a day. CME has worked with more than 35 retail brokers and plans to promote the product to institutional investors.