Interest rate future

ICE Reports Record Futures Open Interest of 48 Million Contracts

Retrieved on: 
Friday, July 30, 2021
Banking, Professional services, Finance, Financial markets, Finance, Futures exchanges, Money, Futures markets, Economy of London, Futures contract, Intercontinental Exchange, Interest rate future, Euribor, Open interest, Richard L. Sandor

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record total futures open interest of more than 48 million contracts on July 27, 2021.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record total futures open interest of more than 48 million contracts on July 27, 2021.
  • Open interest across ICEs global environmental complex hit a record 2.86 million contracts across futures and options on July 27, up 21% year-over-year (y/y), reflecting the importance of these markets in pricing climate risk.
  • As part of this, the North American environmental complex hit record open interest of 1.13 million contracts on July 27 across futures and options.
  • Open interest in Interest Rate futures and options is up 27% y/y, with open interest in Sterling and SONIA futures and options up 36% y/y and by more than 200% y/y, respectively; Euribor open interest is up 11% y/y; and open interest in ICE Gilt futures and options, the highly liquid market benchmark for UK Government Bonds, is up 38% y/y.

ICE Reports Record Total Futures and Options Open Interest of 85.8 Million Contracts

Retrieved on: 
Monday, June 14, 2021
Finance, Banking, Data management, Professional services, Technology, Financial markets, Futures markets, Futures exchanges, Commodity markets, Economy of London, Futures contract, Interest rate future, Intercontinental Exchange, Option, Richard L. Sandor, Dalian Commodity Exchange

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest of 85.8 million contracts on June 10, 2021.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest of 85.8 million contracts on June 10, 2021.
  • The record depth of liquidity across ICEs markets is being driven by products including:
    ICE Low Sulphur Gasoil, the global benchmark for refined products, open interest is up 22% year-over-year (y/y) across futures and options;
    ICE TTF natural gas futures, which is at record open interest of 1.96 million contracts, up 21% y/y;
    Interest Rate futures and options open interest is up 32% y/y.
  • Open interest in Sterling and SONIA futures and options is up 54% y/y and by more than 200% y/y, respectively; Euribor open interest is up 7% y/y; and open interest in ICE Gilt futures and options, the highly liquid market benchmark for UK Government Bonds, is up 37% y/y;
    Open interest across ICEs global environmental complex is up 16% y/y at approximately 2.8 million contracts, reflecting the importance of ICEs environmental markets to price climate risk.
  • EUA futures and options open interest is up 22% y/y and the North American physical environmental complex is at record open interest of more than 1 million contracts; and
    Open interest in Coffee and Cotton futures and options is up 6% and 16% respectively y/y.

CME Group Announces First Trades of Mexican F-TIIE Interest Rate Futures

Retrieved on: 
Tuesday, May 25, 2021
Financial markets, Futures exchanges, Futures contract, Swaps, Interest rate future, Derivative, CME Group, Interest rate swap, Chicago Mercantile Exchange

CHICAGO, May 25, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced the first trades of the new interest rate futures based on the Central Bank ofMexico'sOvernight TIIE funding rate (F-TIIE).

Key Points: 
  • CHICAGO, May 25, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced the first trades of the new interest rate futures based on the Central Bank ofMexico'sOvernight TIIE funding rate (F-TIIE).
  • "We are pleased to have received industry support for our first Mexican F-TIIE interest rate futures contract," saidAgha Mirza, Global Head of Rates and OTC Products at CME Group.
  • "Our futures contract aligns with the Central Bank ofMexico'sobjectives to develop robust risk-free rates (RFR) and establish a domestic funding curve, while complementing our OTC Mexican interest rate swaps clearing business, dollar-peso FX futures contracts and SOFR futures."
  • Mexican F-TIIE Rate futures are listed with and subject to the rules of CME.

CME Group to Launch Bloomberg Short-Term Bank Yield Index (BSBY) Futures in Q3

Retrieved on: 
Monday, May 24, 2021
Financial markets, Futures exchanges, Futures markets, Futures contract, Interest rate future, CME Group, Derivative, Swap, Chicago Mercantile Exchange

CHICAGO, May 24, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch interest rate futures based on the Bloomberg Short-Term Bank Yield Index (BSBY).

Key Points: 
  • CHICAGO, May 24, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch interest rate futures based on the Bloomberg Short-Term Bank Yield Index (BSBY).
  • "We look forward to the upcoming launch of BSBY futures, which will help meet the current client need for credit sensitive rates.
  • "BSBY futures and BSBY linked cleared swaps will be a strong complement to the SOFR-linked instruments at CME Group."
  • "The launch of CME Group futures and cleared swaps on the IOSCO-compliant BSBY index will be a promising development for FICC market structure," said Sonali Theisen, Head of FICC E-Trading and Market Structure at Bank of America.

CME Group to Launch Bloomberg Short-Term Bank Yield Index (BSBY) Futures in Q3

Retrieved on: 
Monday, May 24, 2021
Financial markets, Futures exchanges, Futures markets, Futures contract, Interest rate future, CME Group, Derivative, Swap, Chicago Mercantile Exchange

CHICAGO, May 24, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch interest rate futures based on the Bloomberg Short-Term Bank Yield Index (BSBY).

Key Points: 
  • CHICAGO, May 24, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch interest rate futures based on the Bloomberg Short-Term Bank Yield Index (BSBY).
  • "We look forward to the upcoming launch of BSBY futures, which will help meet the current client need for credit sensitive rates.
  • "BSBY futures and BSBY linked cleared swaps will be a strong complement to the SOFR-linked instruments at CME Group."
  • "The launch of CME Group futures and cleared swaps on the IOSCO-compliant BSBY index will be a promising development for FICC market structure," said Sonali Theisen, Head of FICC E-Trading and Market Structure at Bank of America.

CME Group to Launch Mexican F-TIIE Interest Rate Futures

Retrieved on: 
Tuesday, April 20, 2021
Financial markets, Futures exchanges, Futures markets, Futures contract, Interest rate future, Derivative, CME Group, Interest rate swap, Swap, Chicago Mercantile Exchange, Eurodollar

b'CHICAGO andMEXICO CITY, April 20, 2021 /PRNewswire/ -- CME Group, the world\'s leading and most diverse derivatives marketplace, today announced it will introduce interest rate futures based on the Central Bank of Mexico\'s Overnight TIIE funding rate (F-TIIE).

Key Points: 
  • b'CHICAGO andMEXICO CITY, April 20, 2021 /PRNewswire/ -- CME Group, the world\'s leading and most diverse derivatives marketplace, today announced it will introduce interest rate futures based on the Central Bank of Mexico\'s Overnight TIIE funding rate (F-TIIE).
  • Monthly contracts based on the Mexican F-TIIE Rate will become available for trading on May 24, 2021, pending regulatory review.\nThe Mexican peso-denominated contract will be cash settled against the compounded F-TIIE rate over monthly contract periods.
  • "We expect the new Mexican F-TIIE rate futures to complement our existing OTC Mexican interest rate swaps clearing business, our dollar-peso FX futures contracts and CME\'s SOFR futures, reinforcing our leading position as the home of risk-free rate futures.
  • "We welcome this move from the CME Group to help facilitate derivatives trading and enhance liquidity in the Mexican interest rate market.

CME Group to Launch Mexican F-TIIE Interest Rate Futures

Retrieved on: 
Tuesday, April 20, 2021
Financial markets, Futures exchanges, Futures markets, Futures contract, Interest rate future, Derivative, CME Group, Interest rate swap, Swap, Chicago Mercantile Exchange, Eurodollar

b'CHICAGO andMEXICO CITY, April 20, 2021 /PRNewswire/ -- CME Group, the world\'s leading and most diverse derivatives marketplace, today announced it will introduce interest rate futures based on the Central Bank of Mexico\'s Overnight TIIE funding rate (F-TIIE).

Key Points: 
  • b'CHICAGO andMEXICO CITY, April 20, 2021 /PRNewswire/ -- CME Group, the world\'s leading and most diverse derivatives marketplace, today announced it will introduce interest rate futures based on the Central Bank of Mexico\'s Overnight TIIE funding rate (F-TIIE).
  • Monthly contracts based on the Mexican F-TIIE Rate will become available for trading on May 24, 2021, pending regulatory review.\nThe Mexican peso-denominated contract will be cash settled against the compounded F-TIIE rate over monthly contract periods.
  • "We expect the new Mexican F-TIIE rate futures to complement our existing OTC Mexican interest rate swaps clearing business, our dollar-peso FX futures contracts and CME\'s SOFR futures, reinforcing our leading position as the home of risk-free rate futures.
  • "We welcome this move from the CME Group to help facilitate derivatives trading and enhance liquidity in the Mexican interest rate market.

ICE Announces Record Activity in Gilts and Sterling Rates Complex

Retrieved on: 
Thursday, March 4, 2021
Professional services, Data management, Technology, Finance, Software, Banking, Finance, Money, Futures exchanges, Interest rates, Financial markets, Economy of London, Futures contract, Intercontinental Exchange, Interest rate future, Derivative, Euribor, New York Stock Exchange

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced record activity across its benchmark Gilts and Sterling rates complex as the market manages Sterling-related risk.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced record activity across its benchmark Gilts and Sterling rates complex as the market manages Sterling-related risk.
  • Short Sterling futures and options, the benchmark for managing UK interest rate risk, reached record open interest of more than 20.1 million contracts on March 1, 2021.
  • As one of the leading venues for interest rate derivatives, ICE offers a comprehensive range of benchmark products alongside its Sterling rates complex including Euribor futures and options, SOFR futures and STR futures.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

The Small Exchange Launches New 10-Year Treasury Yield Future

Retrieved on: 
Monday, December 7, 2020
Banking, Other Professional Services, Professional services, Finance, Futures markets, Finance, Futures contract, Fixed income analysis, Money, Investment, Futures exchange, Yield, Interest rate future, Small Exchange, Interactive Brokers Group, Inc., MarketAxess

The Small Exchange , a futures exchange offering smaller, simpler products aimed toward retail customers, has launched Small Treasury Yield (S10Y) futures - the first product to afford customers the ability to trade treasury futures in yield not price.

Key Points: 
  • The Small Exchange , a futures exchange offering smaller, simpler products aimed toward retail customers, has launched Small Treasury Yield (S10Y) futures - the first product to afford customers the ability to trade treasury futures in yield not price.
  • S10Y follows the 10-Year U.S. Treasury Yield, the most quoted interest rate in the US.
  • Small Treasury Yield futures simplify variables in an otherwise complex asset class down to a single, succinct interest rate so traders can skip the calculations that translate yield to price.
  • We believe the Small 10YR US Treasury Yield is a true differentiator in the futures space, and nothing like this is available for traders in the equity or ETF world, said Don Roberts, the Small Exchange President and CEO.

Kirby McInerney LLP and Lovell Stewart Halebian Jacobson LLP Announce Aggregate Settlement Funds Totaling $187,000,000 if You Transacted in Eurodollar Futures Contract and/or Options on Eurodollar Futures on Exchanges, such as the Chicago Mercantile Excha

Retrieved on: 
Tuesday, April 14, 2020
Economy, Money, Finance, Interest rates, United States housing bubble, Eurodollar, International finance, Libor, Futures contract, Interest rate future

The lawsuit involves the alleged manipulation of U.S. Dollar LIBOR ("LIBOR") and its impact on Eurodollar futures contracts and/or options on Eurodollar futures ("Eurodollar Futures") that are linked to LIBOR.

Key Points: 
  • The lawsuit involves the alleged manipulation of U.S. Dollar LIBOR ("LIBOR") and its impact on Eurodollar futures contracts and/or options on Eurodollar futures ("Eurodollar Futures") that are linked to LIBOR.
  • You have the right to remain a member of the Settlement Class or to exclude yourself from the Settlement Class.
  • THIS IS ONLY A SUMMARY OF THE FULL NOTICE AND SETTLEMENT AGREEMENTS, WHICH CONTAIN MOREDETAILED INFORMATION THAT YOU SHOULD READ.
  • Settlement Class Members should continue to review the settlement website for important updates about the Settlements and the litigation.