Magnificent 10 Index Futures

Exposure to Leading Names in Growth & Tech

The Cboe Magnificent 10SM Index is a thematic, equal-weighted, index that comprises a concentrated basket of 10 growth and tech-oriented, high-demand stocks.

Why Mag 10 Index Futures

Exposure to all Magnificent 7 names plus Broadcom, Palantir, and AMD, selected for their size, liquidity, and the high-growth oriented technology focused nature of their businesses. MGTN futures are cash-settled futures with A.M. settlement that settle on the third Friday of a month (or the prior CFE business day if the third Friday is a CFE holiday). MGTN futures are available for trading on CFE during regular trading hours and extended trading hours and will be cleared by OCC.

Benefits

Cash-Settled

Positions settle directly to cash at expiration without the need to deliver or receive unwanted shares.

Centrally Cleared

Mag 10 futures are listed on a regulated exchange and centrally cleared delivering regulatory transparency and capital efficiency. Institutions can trade with confidence, knowing they're backed by trusted clearing infrastructure.

Understanding the Magnificent 10 Index

Magnificent 10 Index Constituents

Broadcom

AVGO

Apple

AAPL

Tesla

TSLA

Microsoft

MSFT

Meta Platforms

META

Amazon

AMZN

Alphabet

GOOGL

Nvidia

NVDA

Palantir

PLTR

AMD Microsystems

AMD

Index Differentiators:

Precision Exposure

The Magnificent 10 Index enables investors to express tactical views on the most dynamic segment of the U.S. equity landscape (AI, cloud, and digital transformation) without the concentration risk of single-stock trading.

Equal Weighting

Monthly rebalances ensure no single stock dominates, offering a more balanced alternative to market-cap-weighted indices like QQQ and MGK.

Fixed Constituents

The same 10 stocks remain unchanged, ensuring stability, transparency, and predictability for traders. Constituent changes occur only when triggered by a corporate action.

Cboe Futures Exchange Rules

The CFE Rulebook includes rules that govern trading on CFE. The Policies and Procedures section contains policies and procedures that supplement the rules in the CFE Rulebook. These documents include rules relating to MGTN futures.

CFE Rule BookCFE Policies and Procedures

Additional Resources

Latest Market Insights

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Explore fresh commentary, articles, and analyses that examine market trends, volatility, and how Mag 10 Index Futures may provide an edge in tech and growth exposure.

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Data Analytics and Indices

Discover the Cboe Magnificent 10 Index: Targeted Exposure to U.S. Growth and Tech-Focused Leaders

The Cboe Magnificent 10 Index is your gateway to the performance of 10 tech and growth-oriented U.S.-listed companies. This equal-weighted index is designed to capture the growth of large cap stocks shaping the future of the global economy.

The Options Institute

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Advance your options and futures knowledge with modular courses. From foundational insights to complex strategies, gain the tools to support your pursuit of performance-oriented trading.

Courses

Expert Options Education

Whether you're new to index options or looking to enhance your trading strategy, maximize your index options knowledge and trading skills.

Events

Hear from Options Pros

Class and events—all things options for all experiences levels.

Tools

Supplement Your Trading Strategies

Through our partnership with Cboe Data Vantage, we now offer you access to powerful tools for hands-on, real-time derivatives practice.

Disclaimers

There are important risks associated with transacting in any of the Cboe Company products discussed here.  Before engaging in any transactions in those products, it is important for market participants to carefully review the disclosures and disclaimers contained at: Disclosures and Disclaimers Related to Cboe Options and Futures Products. These products are complex and are suitable only for sophisticated market participants. In certain jurisdictions, Cboe Company products are only permitted for investment professionals, certified sophisticated investors, or high net worth corporations and associations. These products involve the risk of loss, which can be substantial and, depending on the type of product, can exceed the amount of money deposited in establishing the position. Market participants should put at risk only funds that they can afford to lose without affecting their lifestyle.