Eurodollar futures contract size
Let’s assume that on Sept. 1, the December eurodollar futures contract price was exactly $96.00, implying an interest rate of 4.0%, and that at the expiry in December, the final closing price is $95.00, reflecting a higher interest rate of 5.0%. Contract Size: $1 million ($1,000,000) Minimum Tick Size and Value: 0.0025, worth $6.25 in the expiring front-month contract, and 0.005 worth $12.50 in all forty quarterly expirations. Eurodollar futures trade electronically virtually around-the-clock on the CME Globex® trading platform, from 6:00 p.m. U.S. The Eurodollar futures contract is now the most actively traded futures contract in the world. Open interest in the contract recently surpassed four million. CME Eurodollar Contract Specifications Eurodollar Futures. Contract Size - $1,000,000. Quotations - Index points. Minimum Price Fluctuation (Tick) - .0025 = $6.25/contract for spot-month contract; .005 = $12.50/contract for all other contracts One-quarter of one basis point (0.0025) or $6.25 per contract. Expiring contracts are cash settled to 100 minus the ICE Benchmark Administration survey of 3-month U.S. Dollar LIBOR on the last trading day. Learn why traders use futures, how to trade futures and what steps you should take to get started. Create a CMEGroup.com Account: More features, more insights Get quick access to tools and premium content, or customize a portfolio and set alerts to follow the market.
One-quarter of one basis point (0.0025) or $6.25 per contract. Expiring contracts are cash settled to 100 minus the ICE Benchmark Administration survey of 3-month U.S. Dollar LIBOR on the last trading day.
Let’s assume that on Sept. 1, the December eurodollar futures contract price was exactly $96.00, implying an interest rate of 4.0%, and that at the expiry in December, the final closing price is $95.00, reflecting a higher interest rate of 5.0%. Contract Size: $1 million ($1,000,000) Minimum Tick Size and Value: 0.0025, worth $6.25 in the expiring front-month contract, and 0.005 worth $12.50 in all forty quarterly expirations. Eurodollar futures trade electronically virtually around-the-clock on the CME Globex® trading platform, from 6:00 p.m. U.S. The Eurodollar futures contract is now the most actively traded futures contract in the world. Open interest in the contract recently surpassed four million. CME Eurodollar Contract Specifications Eurodollar Futures. Contract Size - $1,000,000. Quotations - Index points. Minimum Price Fluctuation (Tick) - .0025 = $6.25/contract for spot-month contract; .005 = $12.50/contract for all other contracts One-quarter of one basis point (0.0025) or $6.25 per contract. Expiring contracts are cash settled to 100 minus the ICE Benchmark Administration survey of 3-month U.S. Dollar LIBOR on the last trading day. Learn why traders use futures, how to trade futures and what steps you should take to get started. Create a CMEGroup.com Account: More features, more insights Get quick access to tools and premium content, or customize a portfolio and set alerts to follow the market. Eurodollar futures contract size has a principal value of $1,000,000 with a three-month maturity. Eurodollar futures move in 1 point increments, or .01, equaling $25. The Eurodollar tick reflect the dollar value of a 1/100 of one percent change in a $1 million, 90-day deposit, determined by the following equation:
Eurodollars are part of the interest-bearing bank deposits that are denominated in U.S. dollars Eurodollar futures are available 10 contract months with a minimum tick size of 0.0025 with a tick value of $6.25.
19 Dec 2019 Eurodollar futures contracts are futures contracts whose values derive from the interest-yielding U.S. dollar deposits held outside of the US. Eurodollar futures contract size has a principal value of $1,000,000 with a three- month maturity. Eurodollar futures move in 1 point increments, or .01, equaling Eurodollar Futures Specifications The new contract month terminating 10 years in the future is listed on the Tuesday following expiration of the front quarterly Futures Contract Specifications. Open Close Open 14:30 Floating Price calculated for each contract month3. Brent Crude LD. BZ Eurodollar. GE. ED. CME. 11 Jun 2015 Sell 2 March 2016 Eurodollar Futures Contracts (/GEH6); Buy 1 September 2016 Eurodollar Futures Contract (/GEU6). Strategy: Calendarized Currently, Eurodollar futures contracts with virtually identical specifications Eurodollar futures contract is obtained by performing this LIBOR computation.
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01 = $25. Tick Size (minimum fluctuation), One-quarter of one basis point (0.0025 = $6.25 per contract) in the nearest expiring contract month 19 Dec 2019 Eurodollar futures contracts are futures contracts whose values derive from the interest-yielding U.S. dollar deposits held outside of the US. Eurodollar futures contract size has a principal value of $1,000,000 with a three- month maturity. Eurodollar futures move in 1 point increments, or .01, equaling Eurodollar Futures Specifications The new contract month terminating 10 years in the future is listed on the Tuesday following expiration of the front quarterly Futures Contract Specifications. Open Close Open 14:30 Floating Price calculated for each contract month3. Brent Crude LD. BZ Eurodollar. GE. ED. CME.
Eurodollars are part of the interest-bearing bank deposits that are denominated in U.S. dollars Eurodollar futures are available 10 contract months with a minimum tick size of 0.0025 with a tick value of $6.25.
6 Apr 2018 The eurodollar futures contract was launched in 1981 by the Chicago 500 futures (an electronically traded futures contract one-fifth the size of Contract, EuroDollar. Exchange, CME. Tick Size, 0.005 points ($12.50 per contract). Daily Limit, None. Contract Size, $1,000,000. Trading Months, All Months.
20 Nov 2012 And in 1981, the CME initiated trading in Eurodollar futures. Ease of trading and the sheer size of the market prompted hedge funds, Eurodollar futures contracts are futures contracts whose values derive from the interest-yielding U.S. dollar deposits held outside of the US. On the CME platform, a Eurodollar contract is equivalent to a Eurodollar time deposit having a notional or face value of U.S.$1,000,000 with a three-month maturity. Let’s assume that on Sept. 1, the December eurodollar futures contract price was exactly $96.00, implying an interest rate of 4.0%, and that at the expiry in December, the final closing price is $95.00, reflecting a higher interest rate of 5.0%.