Modification of Futures and Options on 2-year U.S. Treasury Note
Eurex US, the fully-electronic U.S. futures and options exchange, today announced that it will expand its product suite of benchmark USD-denominated fixed income derivatives. On February 1, Eurex US will introduce futures on 3-year U.S. Treasury Notes and options on the futures. This makes Eurex US the only exchange worldwide to offer these products. With the introduction of the new product, Eurex US meets customer demand and further increases the attractiveness of its U.S. fixed income products, offering new trading opportunities in the short-term segment.
"We continue to be the innovator in the U.S marketplace," said Satish Nandapurkar, CEO of Eurex US. "The introduction of the 3-year U.S. Treasury futures marks a new point on the Treasury yield curve. This product was established in response to strong client demand in the light of the regular issue policy of the U.S. Treasury Department with respect to short-term U.S. Treasury Notes. This will create new trading opportunities for the market."
In addition, Eurex US will modify its 2-year US Treasury Note futures and options as of February 1. The contract value will be raised from 200,000 USD to 1 million USD. This modification brings the contract in line with the trade sizes in the underlying cash bond market increasing the attractiveness of the product. The types of deliverable short-term U.S. Treasury notes will be changed to allow for longer original maturity and wider delivery windows. A short-term note must have an original maturity not greater than 3 years and 3 months to be deliverable against the modified 2-year contract. The delivery window will be widened to 1 year and 6 months through 2 years and 3 months.
Eurex US opened its market for trading on February 8, 2004 and currently lists futures and options on 2-, 5- and 10-year U.S. Treasury notes and on 30-year U.S. Treasury bonds. Pending approval of international regulatory authorities, Eurex US will expand its offering to include trading in futures and options on Euro-denominated interest rate and index products. These products will include the Bund future, one of the worlds most heavily traded futures contract, Bobl and Schatz futures, as well as products on the leading European indices DAX and DJ EURO STOXX 50.
Media Relations | Deutsche Börse
RWI/ISL-Container Throughput Index ending 2017 on a positive note
24.01.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung
Uncovering decades of questionable investments
18.01.2018 | University of Texas at Austin, Texas Advanced Computing Center
For the first time, a team of researchers at the Max-Planck Institute (MPI) for Polymer Research in Mainz, Germany, has succeeded in making an integrated circuit (IC) from just a monolayer of a semiconducting polymer via a bottom-up, self-assembly approach.
In the self-assembly process, the semiconducting polymer arranges itself into an ordered monolayer in a transistor. The transistors are binary switches used...
Breakthrough provides a new concept of the design of molecular motors, sensors and electricity generators at nanoscale
Researchers from the Institute of Organic Chemistry and Biochemistry of the CAS (IOCB Prague), Institute of Physics of the CAS (IP CAS) and Palacký University...
For photographers and scientists, lenses are lifesavers. They reflect and refract light, making possible the imaging systems that drive discovery through the microscope and preserve history through cameras.
But today's glass-based lenses are bulky and resist miniaturization. Next-generation technologies, such as ultrathin cameras or tiny microscopes, require...
Scientists from the University of Zurich have succeeded for the first time in tracking individual stem cells and their neuronal progeny over months within the intact adult brain. This study sheds light on how new neurons are produced throughout life.
The generation of new nerve cells was once thought to taper off at the end of embryonic development. However, recent research has shown that the adult brain...
Theoretical physicists propose to use negative interference to control heat flow in quantum devices. Study published in Physical Review Letters
Quantum computer parts are sensitive and need to be cooled to very low temperatures. Their tiny size makes them particularly susceptible to a temperature...
15.02.2018 | Event News
13.02.2018 | Event News
12.02.2018 | Event News
19.02.2018 | Materials Sciences
19.02.2018 | Materials Sciences
19.02.2018 | Life Sciences