Chicago / Edinburgh
SOLUTIONS / FUTURES

E-mini IPOX® 100 U.S. Index Futures

Access the dynamics of U.S. IPOs and spin-offs through a cash-settled futures contract based on the IPOX® 100 U.S. Index. Developed in collaboration with CME Group, the contract brings the IPOX® approach to the futures market.

A DIFFERENT WAY TO ACCESS NEW LISTINGS

A focused perspective.
A flexible instrument.

New listings represent an evolving segment of the equity market. IPOX® Futures offer market participants a way to express a view on that segment through a single index-based contract.

Focused exposure

Access a benchmark of U.S. new listings and related companies, including IPOs and spin-offs, through one futures contract.

Flexible positioning

Express a market view through long or short positions, or adjust index exposure as part of a broader trading strategy.

Risk management

Use index futures to manage exposure to the new listings segment. Hedge effectiveness depends on the relationship between the contract and the portfolio being hedged.

IPOX® FUTURES · MARKET MAKING

We’re looking for market makers.

Interested in becoming a market maker for IPOX® Futures? Contact us for free data arrangements.

THE DETAILS THAT MATTER

Know the contract.

A defined contract size, transparent price increments and cash settlement provide the framework. Review CME Group’s specifications and exchange rules for the full trading requirements.

View full specifications at CME
CME Globex product code
IPO December 2026 expiry: IPOZ6
Contract multiplier
USD 10 × index value
Minimum tick
0.25 points (USD 2.50)
Settlement
Cash, in USD
Underlying index
IPOX® 100 U.S. Index (IPXO)
Trading platform
CME Globex
Contract months
March · June · September · December

For trading hours, listed maturities and current exchange requirements, consult CME Group. The contract is governed by CME Rulebook Chapter 392.

THE UNDERLYING INDEXIPXOIPOX® 100 U.S. IndexIndex profile & performance
RESEARCH AT THE CORE

The index behind the contract.

The IPOX® 100 U.S. Index measures the performance of 100 of the largest and most liquid companies in the U.S. IPOX® new listings universe. Its rules-based approach spans IPOs, spin-offs and select acquirers of recent IPOs.

The index follows eligible companies beyond their first day of trading, with constituents and weights reviewed quarterly. Explore the index profile for its methodology, historical performance and latest fact sheet.

CONNECT WITH IPOX®

Let’s talk about IPOX® Futures.

Connect with our team to explore the underlying index, discuss data or learn more about the IPOX® approach to new listings.

Request a meeting

Futures trading involves leverage and risk of loss, including losses that may exceed the initial margin. Consider whether futures are appropriate for your circumstances.

THE IPOX® NEWSLETTERS

Stay ahead of the next listing.

Research and insight from the global new listings market.

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