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CME Group launches first baseball futures tied to team performance indexes
- CME Group launches first baseball futures tied to team performance indexes — CME Group launched the first baseball futures on October 12, pending regulatory review, with contracts tracking its FutureSports Performance Indexes for all 30 MLB teams. Trading begins with the four League Championship Series clubs, in standard contracts valued at 10 times the index and micro contracts at one tenth that size. (Morningstar)
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