CME Group, the world's leading derivatives marketplace, announced the expansion of its U.S. Treasury options offering with the introduction of Monday expirations. In addition to the existing Wednesday and Friday expirations, Monday expirations can enable more precise risk management for market-moving events.
“Our short-term options provide enhanced ability to manage historical volatility and maintain record risk transfer in the U.S. Treasury market,” said Agha Mirza, Global Head of Rates and OTC Products at CME Group. “In today's uncertain interest rate environment, Fed meetings, economic reports and other data-driven indicators increasingly present risks to our clients. With this in mind, we have expanded our offering of U.S. Treasury bond options to include Monday expirations to provide additional protection for weekend risks along the yield curve .”
Year to date in 2023, CME Group achieved 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 options on US Treasury bonds are listed by the CBOT and are subject to its rules. You will receive automatic margin compensation with existing CME Group interest rate futures and options. These contracts will be eligible for portfolio margining against other cleared interest rate swaps, futures and options shortly after launch.
For more information on CME Group's weekly U.S. Treasury options, visit our product page here.
Source: CME
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