Cboe Global Markets announced the launch of cash‑settled futures and options on the Cboe Magnificent 10 Index, a new equal‑weighted index that tracks ten large‑cap U.S. technology and growth stocks. The products will begin trading on December 8, 2025, after regulatory review, and will be listed on the Cboe Options Exchange (C1) for options and the Cboe Futures Exchange, LLC (CFE) for futures.
The futures and options are designed to give investors a single, leveraged vehicle for exposure to the most actively traded U.S. tech names. Each contract has a $100 multiplier per index point, and the options will be available in both AM‑settled and PM‑settled styles. Futures trading will run nearly 24 hours a day, five days a week, providing continuous access for global participants. By eliminating physical delivery and assignment risk, the products offer a streamlined way to hedge or speculate on the tech sector without holding individual stocks.
Cboe’s move is part of a broader strategy to expand its thematic and digital‑asset derivative offerings. The company is also launching continuous Bitcoin and Ethereum futures later in December, positioning itself as a one‑stop shop for technology‑focused and crypto‑related products. While other exchanges offer tech‑themed ETFs, Cboe’s futures provide leverage and a more flexible hedging tool, giving it a competitive edge in a market where demand for diversified tech exposure is growing rapidly.
The launch is expected to attract both institutional and retail traders, boosting Cboe’s derivatives trading volume and revenue. Management highlighted that the new products will enable investors to manage exposure to high‑growth tech names more efficiently. The addition of the Magnificent 10 products complements Cboe’s existing suite of thematic indices and aligns with the firm’s goal of capturing the expanding demand for technology‑centric derivatives.
Cboe’s recent third‑quarter earnings beat expectations, reinforcing confidence in the company’s growth trajectory. The announcement of the new products builds on that momentum, offering a fresh source of trading activity in a sector that has seen record options volumes. The regulatory review is expected to be completed before the December launch, after which the products will be available to market participants worldwide.
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