10.31.2023

CME Expands Suite of Options On U.S. Treasury Futures

10.31.2023
CME Expands Suite of Options On U.S. Treasury Futures

CME Group, the world’s leading derivatives marketplace, announced the expansion of its U.S. Treasury options suite with the launch of Monday expiries. In addition to the existing Wednesday and Friday expiries, Monday expiries can deliver more precise risk management around market-moving events.

“Our short-term options provide enhanced opportunities to navigate the historic volatility and record risk transfer that is taking place in the U.S. Treasury market,” said  Agha Mirza, CME Group Global Head of Rates and OTC Products. “In today’s uncertain rate environment, Fed meetings, economic reports and other data-driven indicators are increasingly driving risk for our clients. With this in mind, we added Monday expiries to our U.S. Treasury options suite to enable additional hedging across the yield curve for weekend risk.”

Year-to-date in 2023, CME Group reached a record average daily volume (ADV) of 1.1 million contracts in U.S. Treasury options – including a record ADV of 348,000 contracts in Weekly U.S. Treasury options.

Weekly U.S. Treasury options are listed by and subject to the rules of CBOT, receiving automatic margin offsets against existing CME Group Interest Rate futures and options. These contracts will become eligible for portfolio margining against other cleared interest rate swaps, as well as futures and options, shortly after launch.

For more information on Weekly U.S. Treasury options from CME Group, please visit our product page here.

Source: CME

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