A New Futures Market
Trade Professional Hockey Performance
CME FSPI NHL Team Index Futures bring the performance of individual NHL teams to the futures market through rules-based indexes built from official team statistics.
Explore how the contracts work, compare Standard and Micro contracts, and learn about futures trading through Lightspeed.
32
NHL team indexes
55
Performance constituents in each team index
7,500
Base index level at the beginning of the season
CME FSPI Sports Index Futures
A Different Kind of Underlying
Instead of tracking a stock, commodity, interest rate or traditional financial index, CME FSPI NHL Team Index Futures are based on indexes designed to measure the cumulative performance of individual professional hockey teams.
Each team's index incorporates official performance statistics such as goals, saves, shots, faceoffs, hits, takeaways, giveaways, penalties and other performance measures. Positive and negative actions contribute to changes in the team's index according to a defined methodology.
32
Individual NHL team futures markets
55
Constituents within each team index
$10
Standard contract multiplier × index
$0.10
Micro contract multiplier × index
How It Works
From Team Performance to
Futures Market
Instead of tracking a stock, commodity, interest rate or traditional financial index,
CME FSPI NHL Team Index Futures are based on indexes designed to measure the
cumulative performance of individual professional hockey teams.
Each team's index incorporates official performance statistics such as goals,
saves, shots, faceoffs, hits, takeaways, giveaways, penalties and other performance
measures. Positive and negative actions contribute to changes in the team's index
according to a defined methodology.
Team Statistics Drive the Index
Official NHL performance statistics are translated into positive and negative index contributions using a defined, rules-based methodology.
The Index Changes Through the Season
Each team's index begins the season at a base level of 7,500 and changes as qualifying team performance data accumulates.
Traders Can Take Long or Short Positions
Futures allow market participants to express a view on future team performance or use the contracts as part of a broader risk-management strategy.
Contract Sizes
Standard and Micro NHL Team Index Futures
CME offers multiple contract sizes, allowing market participants to select exposure
appropriate for their strategy and risk tolerance.
$10 × Index
Approximately $75,000 of notional contract value at the 7,500 base index level.
$10 value per one-index-point move
Monthly and annual listings
Financial settlement
$0.10 × Index
Approximately $750 of notional contract value at the 7,500 base index level.
$0.10 value per one-index-point move
Weekly, monthly and annual listings
Financial settlement
Trade Futures at Lightspeed
Access the Futures Market Through Lightspeed
Lightspeed provides futures traders with access to major global futures exchanges and a selection of professional futures trading platforms.
Our featured futures platform, eFutures powered by CQG, provides futures market data, charting, trading technology and execution tools for active futures traders.
Keep Exploring
Learn More About NHL Team Index Futures
How NHL Futures Work
Learn how team statistics become index values and how Standard and Micro contracts work.
Hedging Business Exposure
Explore how sponsors, advertisers and other businesses with team-related exposure may use futures as a risk-management tool.
What Active Traders Should Know
Read our introduction to this new futures market and the mechanics active traders should understand.
Lightspeed Futures
Explore a New Futures Market
Learn more about futures trading at Lightspeed, available platforms and how to get started.
CME FSPI NHL Team Index Futures are scheduled to begin trading September 28, 2026, pending regulatory review. Product specifications and availability are subject to change.
Futures trading involves substantial risk of loss and is not suitable for all investors. Losses may exceed the initial amount deposited.
Hedging can reduce certain exposures but does not eliminate risk. A futures position and the underlying business exposure may not move together, and a hedge may result in losses.
Examples are hypothetical and provided for educational purposes only. They are not forecasts, recommendations or guarantees of future results.
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