Starting in 2001, CME began offering E-mini Russell 2000 and 1000 futures contracts, but in June 2007, CME lost its exclusive licensing agreement with Russell Investments for Russell index futures products to the Intercontinental Exchange. CME group delisted E-mini Russell 1000 and E-mini Russell 2000 futures and options from Globex in 2007 and 2008 respectively. CME Group introduced S&P SmallCap 600 futures as a benchmark to replace the E-mini Russell 2000 index and established an intercommodity spread between E-mini S&P SmallCap 600 futures and E-mini Russell 2000 futures to aid market users wishing to transfer their small-cap exposures to E-mini S&P SmallCap 600 futures.
Previously, Russell 2000 futures had been listed on multiple exchanges, including the New York Board of Trade.
In August 2015 CME Group entered into a licensing agreement with London Stock Exchange Group to list derivatives contracts based on Russell indexes that were previously listed only on the Intercontinental Exchange. The agreement is for 12 years and includes futures, options on futures and cleared over-the-counter products based on FTSE and Russell indexes. The deal gives CME exclusive listing rights for contracts on FTSE Russell indexes once ICE's agreement with Russell expires in mid-2017. E-mini Russell 2000 Index futures and options on futures began trading again at CME Group on Monday, July 10, 2017.