CME to offer weekly options on copper, silver and gold

Mar 21, 2014 | 05:33 PM | Saranya Kapur

Tags  CME Group Inc., weekly option contracts, copper, silver, gold, Saranja Kapur

NEW YORK — CME Group Inc. plans to launch weekly option contracts for copper, silver and gold, effective April 13, the company said in a statement March 20. 

The options, which will expire on Fridays and provide four weekly expirations and one monthly, will allow market participants to manage their risk around short-term indicators, according to CME Group senior director for commodity products Damon Leavell. ....

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