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Benzinga
Benzinga
Business
Anthony Noto

Will The S&P 500 Head For New Closing Low? You Can Bet On It With This Event Contract

Years ago, a futures exchange would be filled with shouting traders using the old-fashioned open outcry method. They picked up landline phones, threw up hand signals and muttered plenty of expletives.

That world is long gone now that CME Group (NASDAQ:CME) and other exchanges have closed their trading pits. These days, there's a novel way for investors to take a position on potential price movements in CME futures markets, according to Interactive Brokers (NASDAQ:IBKR).

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