Eurodollar Futures Contract
Euordollars represent one of the world’s largest interest rate markets and play an important role in the global economy. Eurodollar is a term that refers to any United States dollar (U.S. dollar) held outside the U.S. banking system. Eurodollar futures can be used as a risk / hedging tool for interest rate fluctuations on Eurodollars themselves, other interest rate futures contracts and to mitigate portfolio risk.
Contract Unit
$2,500 x Contract IMM Index
Futures Contract
Symbol
CME Globex: GE
Trading Hours
CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).
Minimum Price
Fluctuation
1/4 of one interest rate basis point = $6.25
Contract Months
Quarterly: March, June, September & December
Settlement Method
Cash settled
Price Limit / Circuit
Source: CME Group
The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.
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