The CME Group said that the open interest in the interest rate futures reached a record record of 40,031,688 contracts on August 13, highlighting the strong demand for hedging tools and discovering prices through the return curve.
On the same day, American futures and options were 31,615333 contracts, while Sofr Futures Open Foundation reached 13,738220 contracts, both levels at all.
CME also recorded 3526 large holders of open interest in the interest rate contracts, according to the Trading Committee of the United States Trading Committee in the United States.
“The new open interest records in our interest rate,” said Mike Dennis, president of the CME Group Waterproofing Company.
“With clients moving to global uncertainty and changing views on monetary policy, they continue to rely on our interest rate complex for precise hedging tools with deep liquidity and large capitalist competences.”
CME Group, the world’s largest derivative market, provides futures and options throughout the American Treasury, SOFR, Federal Reserve Fed, TBAS, credit and more.
The US Treasury and SOFR circulated on the CME Globex platform alongside Brokertec Cash Securities.