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
How Strong Brands Translate into Money
15.11.2016 | Kühne Logistics University - Wissenschaftliche Hochschule für Logistik und Unternehmensführung
Demographic change depresses tax revenues
04.11.2016 | Fraunhofer-Institut für Angewandte Informationstechnik FIT
A multi-institutional research collaboration has created a novel approach for fabricating three-dimensional micro-optics through the shape-defined formation of porous silicon (PSi), with broad impacts in integrated optoelectronics, imaging, and photovoltaics.
Working with colleagues at Stanford and The Dow Chemical Company, researchers at the University of Illinois at Urbana-Champaign fabricated 3-D birefringent...
In experiments with magnetic atoms conducted at extremely low temperatures, scientists have demonstrated a unique phase of matter: The atoms form a new type of quantum liquid or quantum droplet state. These so called quantum droplets may preserve their form in absence of external confinement because of quantum effects. The joint team of experimental physicists from Innsbruck and theoretical physicists from Hannover report on their findings in the journal Physical Review X.
“Our Quantum droplets are in the gas phase but they still drop like a rock,” explains experimental physicist Francesca Ferlaino when talking about the...
The Max Planck Institute for Physics (MPP) is opening up a new research field. A workshop from November 21 - 22, 2016 will mark the start of activities for an innovative axion experiment. Axions are still only purely hypothetical particles. Their detection could solve two fundamental problems in particle physics: What dark matter consists of and why it has not yet been possible to directly observe a CP violation for the strong interaction.
The “MADMAX” project is the MPP’s commitment to axion research. Axions are so far only a theoretical prediction and are difficult to detect: on the one hand,...
Broadband rotational spectroscopy unravels structural reshaping of isolated molecules in the gas phase to accommodate water
In two recent publications in the Journal of Chemical Physics and in the Journal of Physical Chemistry Letters, researchers around Melanie Schnell from the Max...
The efficiency of power electronic systems is not solely dependent on electrical efficiency but also on weight, for example, in mobile systems. When the weight of relevant components and devices in airplanes, for instance, is reduced, fuel savings can be achieved and correspondingly greenhouse gas emissions decreased. New materials and components based on gallium nitride (GaN) can help to reduce weight and increase the efficiency. With these new materials, power electronic switches can be operated at higher switching frequency, resulting in higher power density and lower material costs.
Researchers at the Fraunhofer Institute for Solar Energy Systems ISE together with partners have investigated how these materials can be used to make power...
16.11.2016 | Event News
01.11.2016 | Event News
14.10.2016 | Event News
02.12.2016 | Medical Engineering
02.12.2016 | Agricultural and Forestry Science
02.12.2016 | Physics and Astronomy