CME Group IncCME Group launches two new products: Treasury Link and Agriculture Index, expanding its derivatives and benchmarking offerings.
CME Group has launched Treasury Link, a tool that connects U.S. Treasury futures and cash markets for centralized spread trading, and introduced a comprehensive Agriculture Index that tracks the performance of key global farm sectors. Treasury Link ties CBOT U.S. Treasury futures to BrokerTec cash Treasuries in a single spread trade, aiming to appeal to hedge funds and dealers managing futures cash basis risk across multiple venues. The Agriculture Index serves as a benchmark and data product covering grains, oilseeds, livestock, dairy, and lumber, sitting alongside tools from peers like ICE and Euronext. Both products represent new platforms within CME Group's derivatives and benchmarking offerings for institutional and commercial clients, with Treasury Link planned for a fourth quarter 2026 launch.
CME Group IncCME Group launches two new products: Treasury Link and Agriculture Index, expanding its derivatives and benchmarking offerings.
Intercontinental Exchange IncCME's new Agriculture Index competes with ICE's existing tools, potentially eroding market share.
Euronext N.V.CME's new Agriculture Index competes with Euronext's existing tools, potentially eroding market share.