CHICAGO, Feb. 2, 2022 /PRNewswire/ -- CME
Group, the world's leading derivatives marketplace, today
announced that Micro Treasury Yield futures volume surpassed 1
million contracts on February 2.
"At just under six months old, we're pleased with the support
and participation we've seen from clients and market participants
for our Micro Treasury Yield futures contracts," said Agha
Mirza, CME Group Global Head of Rates and OTC Products. "In an
environment of shifting monetary and fiscal policy, U.S. Treasury
risk management continues to be more important than ever. These
micro-sized contracts allow traders of all sizes to gain exposure
to yield of on-the-run Treasury securities or more precisely hedge
U.S. Treasury auction issuance, in an efficient, cost-effective
way."
Since their August 16 launch, more than 1,000
participants have traded across Micro 2-Year, Micro 5-Year, Micro
10-Year and Micro 30-Year Yield futures, including 860,000 Micro
10-Year Yield futures contracts traded.
Micro 2-Year, Micro 5-Year, Micro 10-Year and Micro 30-Year
Yield futures are sized at $10 per basis point of yield,
and are cash settled to the newly created BrokerTec cash U.S.
Treasury benchmarks. The contracts are listed on and subject to the
rules of the CBOT. For more information on Micro Yield futures,
please visit www.cmegroup.com/yieldfutures.
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform, fixed
income trading via BrokerTec and foreign exchange trading on the
EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile
Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board
of Trade of the City of Chicago,
Inc. NYMEX, New York Mercantile Exchange and ClearPort are
trademarks of New York Mercantile Exchange, Inc. COMEX is a
trademark of Commodity Exchange, Inc. BrokerTec and EBS are
trademarks of BrokerTec Europe LTD and EBS Group LTD,
respectively. Dow Jones, Dow Jones Industrial Average,
S&P 500 and S&P are service and/or trademarks of Dow Jones
Trademark Holdings LLC, Standard & Poor's Financial Services
LLC and S&P/Dow Jones Indices LLC, as the case may be, and have
been licensed for use by Chicago Mercantile Exchange Inc. All
other trademarks are the property of their respective owners.
CME-G
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SOURCE CME Group