SPIKES Futures (SPK) propel the industry forward with zero exchange fees (for a limited time), more accessibility, new hedging opportunities, and peak data transparency. Powered by MIAX® and offered by MGEX™ via the CME Globex® platform, this groundbreaking and competitively priced product further rounds out the SPIKES portfolio.
Investors can amp up their trading with a new level of risk diversification and the sophisticated design features of the SPIKES Index: proprietary price dragging and truncation methodologies with underlying SPY option component liquidity.
Ready to find the equity in ingenuity? Contact firstname.lastname@example.org to trade SPIKES Futures.
The SPIKES Index and volatility products offer a number of unique features designed to produce highly accurate, robust data and create a transparent and open auction settlement process.
All your key documents in one place
Read our Introduction
Complete walkthrough of SPIKES index calculation
Guide describing how the settlement value is determined
Study by Peter Carr on differentiators of SPIKES
Study by Vrije University Amsterdam on differentiators of SPIKES
Interactive SPIKES Index calculation example worksheet
Brief Overview of SPIKES Index and Futures
Characteristics of SPIKES Futures
How to Trade
Information on Trading SPIKES Futures
Fee schedule for SPIKES and related transactions
Monthly expirations for SPIKES Options and Futures