Single Stock Futures

Extracted Attributes

• Contract Type

  Financial Derivative / Futures Contract

• Leverage Ratio

  Up to 6x (as per CME Group specifications)

• Settlement Method

  Financial settlement or physical delivery

• Standard Lot Size

  100 shares per contract

• Underlying Assets

  Individual company stocks (e.g., S&P 500, Nasdaq-100, and Russell 1000 components)

• Regulatory Oversight (US)

  Joint jurisdiction of the SEC and CFTC

• Daily Trading Volume (South Africa)

  700,000 contracts on average

Timeline

• Trading in Single Stock Futures (SSFs) stopped in the United States due to lack of popularity, though the instruments remained legal. (Source: Investopedia)

  2020-12-31

• Demand for equity derivatives reached new record highs across institutional and retail audiences. (Source: CME Group Press Release)

  2025-12-31

• CME Group announced plans to launch Single Stock Futures on more than 50 top U.S. stocks, pending regulatory review. (Source: CME Group Press Release)

  2026-02-10

• Projected launch window for CME Group's new financially settled Single Stock Futures contracts. (Source: CME Group Press Release)

  2026-06-21

Single-stock futures

In finance, a single-stock future (SSF) is a type of futures contract between two parties to exchange a specified number of stocks in a company for a price agreed today (the futures price or the strike price) with delivery occurring at a specified future date, the delivery date. The contracts can be later traded on a futures exchange. The party agreeing to take delivery of the underlying stock in the future, the "buyer" of the contract, is said to be "long", and the party agreeing to deliver the stock in the future, the "seller" of the contract, is said to be "short." The terminology reflects the expectations of the parties - the buyer hopes or expects that the stock price is going to increase, while the seller hopes or expects that it will decrease. Because entering the contract itself costs nothing, the buy/sell terminology is a linguistic convenience reflecting the position each party is taking - long or short. SSFs are usually traded in increments/lots/batches of 100. When purchased, no transmission of share rights or dividends occurs. Being futures contracts they are traded on margin, thus offering leverage, and they are not subject to the short selling limitations that stocks are subjected to. They are traded in various financial markets, including those of the United States, United Kingdom, Spain, India and others. South Africa currently hosts the largest single-stock futures market in the world, trading on average 700,000 contracts daily.

Web Search Results

• Single Stock Futures Explained: Leverage, Risks, and Uses

  ## What Is a Single Stock Future (SSF)? A single stock futures (SSF) contract is a standardized futures contract with an individual stock as its underlying security. Trading in SSFs stopped in 2020 when they proved unpopular, although it remains legal. When sold in the U.S., each contract was typically for the delivery of 100 shares of the underlying stock. SSFs are more durable and trade in higher volumes in India, the EU, and elsewhere. [...] | | Single Stock Futures (SSFs) | Stock Options | --- | Definition | A contract to buy or sell a single stock at a future date at a specific price. | A contract that gives the holder the right, but not the obligation, to buy or sell a stock at a given price on or before a specific date. | | Commitment | Both parties must fulfill the contract at expiration. | The buyer has a right, but not an obligation, to take the transaction. The seller (writer) has an obligation if the option is exercised. | | Risk | Potentially unlimited risk for both parties. | Limited risk for the buyer; potentially unlimited risk for the seller. | | Expiration | Has a specific expiration date. | Has a specific expiration date. | [...] Traders use futures to hedge or speculate on the price movement of the underlying asset. For instance, a corn producer could use futures to lock in a specific price and reduce their risk. Alternatively, anyone could speculate on the price movement of corn by going long or short using futures contracts. SSFs work the same way, with the underlying not being a commodity or index but an individual company's stock.

• Single-stock futures

  Wikipedia The Free Encyclopedia ## Contents # Single-stock futures In finance, a single-stock future (SSF) is a type of futures contract between two parties to exchange a specified number of stocks in a company for a price agreed today (the futures price or the strike price) with delivery occurring at a specified future date, the delivery date. The contracts can be later traded on a futures exchange. [...] The party agreeing to take delivery of the underlying stock in the future, the "buyer" of the contract, is said to be "long", and the party agreeing to deliver the stock in the future, the "seller" of the contract, is said to be "short." The terminology reflects the expectations of the parties - the buyer hopes or expects that the stock price is going to increase, while the seller hopes or expects that it will decrease. Because entering the contract itself costs nothing, the buy/sell terminology is a linguistic convenience reflecting the position each party is taking - long or short. [...] SSFs are usually traded in increments/lots/batches of 100. When purchased, no transmission of share rights or dividends occurs. Being futures contracts they are traded on margin, thus offering leverage, and they are not subject to the short selling "Short (finance)") limitations that stocks are subjected to. They are traded in various financial markets, including those of the United States, United Kingdom, Spain, India and others. South Africa currently hosts the largest single-stock futures market in the world, trading on average 700,000 contracts daily. ## SSFs in the U.S.

• CME Group to Launch Single Stock Futures

  CHICAGO, Feb. 10, 2026 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced plans to launch Single Stock futures beginning this summer, pending completion of all regulatory review and processes. These new products will enable market participants to trade futures on more than 50 of the top U.S. stocks from the S&P 500, Nasdaq-100 and Russell 1000 indices, including names such as Alphabet, Meta, NVIDIA and Tesla – all with the flexibility, capital efficiency and precision of financially settled futures. [...] of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners. [...] "We are pleased to begin offering investors an alternative way to gain exposure to individual leading U.S. stocks with our new Single Stock futures contracts," said Tim McCourt, Global Head of Equities, FX and Alternative Products at CME Group. "These contracts will provide a simpler, more cost-effective way to take a view on a stock, while allowing market participants to gain exposure to, or hedge potential price movements, without buying shares outright." Demand for equity derivatives has been growing across both institutional and retail audiences in recent years, with new highs in 2025 including: The contracts will be listed on and subject to the rules of CME. For more information on these products, please visit cmegroup.com/ssf.

• Single Stock Future | IBKR Glossary

  # Single Stock Future Trading Term A Single Stock Future (SSF) is a future contract where the underlying is an individual stock or a narrow based index. 1 SSF contract represents 100 shares of the underlying stock. A long SSF represents 100 shares long, and conversely a short SSF represents 100 shares short. It is similar to an option contract, but without a strike price. Related Terms SSF IBKR Campus Newsletters ###### Bi-Weekly Newsletter Get updates on podcasts, webinars, courses, and more from our IBKR pillars. ###### Daily Newsletter View the latest financial news articles from the top voices in the industry. ###### Weekly Newsletter Get updates on podcasts, webinars, courses, and more from our IBKR pillars. ###### Weekly Newsletter [...] The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you [...] individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

• Single Stock futures - CME Group

  ### Trade with less upfront capital Unlike traditional stocks, futures allow you to trade on margin to control a position up to 6x\\ larger in value. ### Expand your trading toolkit In addition to directional views, execute advanced spread strategies by isolating single stock risk without impacting your broader portfolio exposure. ### Enjoy financially settled contracts Unlike typical stock options trading, Single Stock futures are financially settled, removing the need to manage physical share delivery for greater operational efficiency. \Pending completion of all regulatory reviews and processes \\Margins are subject to change [...] ##### Markets Home ##### Market Data Home Real-time market data Market Data on Google Analytics Hub DATAMINE: THE SOURCE FOR HISTORICAL DATA ##### Solutions Home Clearing Advisories Uncleared margin rules ##### Insights Home Dive into the Subscription Center Sign up for the latest news, product highlights, economic insights and more subscriptions, tailored to your trading interests, delivered straight to your inbox. The world's most valuable exchange brand ##### Education Home Turn curiosity into confidence Elevate your trading skills # Single Stock Futures Coming This summer\ ### Stocks and futures. Better together. [...] ### Stocks and futures. Better together. Ready for a game-changer in Equities trading? Starting this summer,\ trade 50+ of the top U.S. companies from the S&P 500, Nasdaq-100 and Russell 1000 with the flexibility and efficiency of financially settled futures. ###### Quick links ### DISCOVER THE POWER OF SINGLE STOCK FUTURES ### DISCOVER THE POWER OF SINGLE STOCK FUTURES ### Get around-the-clock trading access Futures trade nearly 24 hours a day – while the stock market sleeps – allowing you to trade on your schedule and respond quickly to market-moving events. ### Go short or long with ease Whether a company’s stock price moves up or down, seamlessly take a long or short position – no stock borrowing fees required. ### Trade with less upfront capital