Who’s winning the €STR futures race? Depends how you measure

CME, Eurex and Ice all claim to be leading, but experts say it’s too early to pick a winner

With the first full quarter in the three-way battle for €STR futures dominance in the books, all three exchanges in the running claim to be ahead on at least one metric – sparking a debate over how to measure uptake of the new contracts.

Eurex surged into an early lead by volume, averaging more than 60,000 contracts a day in the first quarter – over half the daily activity across all exchanges. CME, meanwhile, led the pack by contracts outstanding, averaging 54% of daily open interest (OI).


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here