As part of the deal, CME Group aims to introduce cash-settled futures in its expanding sports-linked derivatives lineup.
FutureSports, a Chicago-based independent index administrator, has formed an exclusive partnership with the National Hockey League (NHL), a professional ice hockey league in North America. The contracts will be cash-settled and offered in monthly and quarterly tenors As part of the agreement, FutureSports will receive official real-time NHL statistics to build a new suite of broad-based CME FutureSports Performance Indexes (FSPI) tailored to NHL teams and players. The FSPI benchmarks aim to