Eurex US will list futures and options on futures in the three-year Treasury note market starting on February 1. The electronic derivatives exchange, which is part of the Deutsche Börse Group, already offers these products on two-, five- and 10-year Treasury notes and on 30-year Treasury bonds, and also lists equity index futures.“The introduction of three-year US Treasury futures marks a new point on the Treasury yield curve," said Satish Nandapurkar, chief executive of Eurex US. He said they were created because the US Treasury department’s regular issue policy had generated strong client demand in short-term notes.
Eurex US also said the contract value of two-year Treasury futures and options would increase to $1 million, up from the current size of $200,000. This will bring the contract size in line with the underlying cash bond market.
More on Exchanges
Onshore derivative market is the focus for Osaka Securities Exchange
China exchange developing technique to reduce margin requirements
Significant global players not on list to join Shanghai Clearing House
Taiex futures set to be followed by other products
Sign up for Risk.net email alerts
Sponsored webinar: IBM Risk Analytics
Nominated for two technology awards
Nominated for post trade technology award
Sponsored webinar: Collateral and counterparty tracking
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.