The development comes as demand for equity derivatives has been growing across both institutional and retail audiences in recent years.

CME Group, the US-based derivatives exchange operator, is planning to launch single stock futures beginning this summer on its platform, pending completion of all regulatory review and processes. These contracts will provide a simpler, more cost-effective way to take a view on a stock -  Tim McCourt, CME Group The products will enable market participants to trade futures on more than 50 of the top US stocks from the S&P 500, Nasdaq 100 and Russell 1000 indices, including Alphabet, M