Micro Gold (MGC) futures and Micro Gold options (OMG) contracts are designed for traders interested in smaller gold increments. They also serve as a cost-effective alternative to the world’s largest, highly liquid Gold (GC) futures and Gold options (OG) contracts. At 1/10 the size of benchmark Gold futures and options contracts, Micro Gold futures and options provide robust trading transparency, price discovery, and smaller margin requirements.
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Features and benefits
Expanded market access
Micro Gold futures and options, sized at 1/10 of Gold (GC) futures and Gold (OG) options, cater to individual investors, expanding market access.
Cost-efficient exposure
A smaller contract means lower initial capital investment in terms of margins, enabling traders of all sizes to participate.
Diversification potential
Part of our Micro product suite, these offerings provide precious metals opportunities and expand cross-margining potential with other products.
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Compare futures products
Considering which futures to trade? Compare different Metals products by contract sizes, amount of market exposure offered, the margin required and more.
Vendor Trading codes
| CME Group Name/Venues/Symbols | CME Group Codes | Bloomberg | CQG | DTN, Inc | Fidessa (ION) | FIS Global | ION Group | Itiviti | Refinitiv | Trading Technologies | Vela Trading Systems | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CME Group Product Name | Futures/Options | Globex | Clearport | All Venues | All Venues | All Venues | All Venues | All Venues | All Venues | All Venues | Composite | All Venues | All Venues |
| Micro Gold futures | MGC | MGC | MGC | MGC | MGC | MGC | |||||||
| Micro Gold Option | Options | OMG | OMG | MGCA Comdty OMON | MGC | QMGC | OMG | OMG | OMG | OMG | OMG | OMG | OMG |
| Micro Gold Weekly Monday Option | Options | 1MG-5MG | 1MG-5MG | MGLA Comdty OMON | MGC11—MGC15 | Q1MG – Q5MG | 1MG-5MG | 1MG-5MG | 1MG-5MG | 1MG-5MG | MG1W, MG2W, MG3W, MG4W. MG5W | 1MG-5MG | 1MG-5MG |
| Micro Gold Weekly Wednesday Option | Options | 1WG-5WG | 1WG-5WG | LWWA Comdty OMON | MGC31—MGC35 | Q1WG – Q5WG | 1WG-5WG | 1WG-5WG | 1WG-5WG | 1WG-5WG | WGG1W, WGG2W, WGG3W, WGG4W, WGG5W | 1WG-5WG | 1WG-5WG |
| Micro Gold Weekly Friday Option | Options | 1FG-5FG | 1FG-5FG | FGWA Comdty OMON | MGC1-5 | Q1FG – Q5FG | 1FG-5FG | 1FG-5FG | 1FG-5FG | 1FG-5FG | FG1W,FG2W, FG3W, FG4W, FG5W | 1FG-5FG | 1FG-5FG |
Download the Micro Gold Trading Grids for CME Direct
- Right click on the buttons below
- Save the files as an .XML on your computer
- In CME Direct, select import view in the main menu
- Import the grid into CME Direct
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Courses
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