Try TT Now

Trading Technologies Supports Yield Trading of CME’s Eurodollar Bundle Futures

Easily create and trade yield spreads between CME
Bundle futures and other products with Autospreader®.

CME Group will launch the Eurodollar Bundle futures and options at the start of the Sunday evening session (22-September-2014).

The 2-year, 3-year and 5-year Bundles will trade as an “average price” bundle rather than a “net change” bundle.

Trading Technologies’ X_TRADER® is ahead of the curve with full support for the Bundle Yield Index and the ability to trade yield spreads with a single click.

X_TRADER allows traders to quickly create and trade yield spreads between CME Bundle futures and:

  • Other CME products (e.g., ZT, ZF, ZN, Net Change Packs and Bundles)
  • U.S. Treasury securities (e.g., UST2y, UST3y, UST5y,UST7y and UST10y)
  • Euribor futures
  • German futures (e.g., Schatz and Bobls)

Sean Tully, Senior Managing Director of Financial and OTC Products at CME Group said, “We believe the Trading Technologies single-click trading functionality will be useful in fostering the development of these products. We’re happy to have TT’s support in providing this unique functionality from the first moment of trading.”

According to Pat Rooney, Product Manager at Trading Technologies, “The addition of Eurodollar Bundle futures enhances CME’s fixed income product line and greatly simplifies cross-product yield spread trading. Trading Technologies is excited to offer our advanced yield trading tools to all market participants who wish to participate in this market.”

For more information on the CME Group Bundle futures, visit cmegroup.com/bundlefutures.

For more information about Trading Technologies, visit https://www.tradingtechnologies.com.

Posted by: Patrick Rooney, Product Manager

* indicates a required field