derivative

In a related move, the new exchange is acquiring MIAXdx, a business that clears and executes derivatives trades.

Still, with just two days until Thanksgiving, they “might tell most of this week’s story before many participants head out ahead of the break,” notes Joe Mazzola, head trading and derivatives strategist at Charles Schwab.

Urea sales should also recover following Sabah plant’s turnaround, though weaker polyethylene prices and new capacity additions in China will continue to pressure the olefins and derivatives division, keeping 2026 outlook challenging, he adds.

Matthew Tym, head of equity derivatives trading at Cantor Fitzgerald, said his clients didn’t seem especially panicked.

“Finally, the United States should incentivize and reward American companies that source U.S.-produced critical minerals and derivative products.”