SOFR futures volumes surge as overnight repo rates spike

- Louie Woodall
- 18 Sep 2019

Trading in the secured overnight financing rate (SOFR) futures contracts hit record levels on September 17, the same day the benchmark overnight repo rate shot up to an unprecedented 5.25%.

The daily volume of CME Clearing's one-month SOFR futures trades increased to 129,525 lots yesterday (September 17), from 50,503 the day before, an increase of 156%. Average daily trading volume between August

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 print this content. Please contact info@risk.net to find out more.

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

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net