Deliverable Swap Futures

MAC Swap Futures

View All MAC Swap Futures

All the benefits of a futures contract with interest rate swap exposure

MAC Swap Futures offer interest rate swap exposure with the margin efficiency and simplicity of a standardized futures contract. Capitalize on multiple execution venues, flexibility at expiration, and risk offsets with our liquid Interest Rate futures and options.

Other benefits of trading MAC Swap Futures include:

  • Lower margin levels of standardized products
  • Automatic risk offset versus Treasury and Eurodollar products
  • Avoid additional funding costs often charged on initial margin for cleared IRS
  • Flexible execution methods – central limit order book trading
  • Notional value: $100,000/contract
  • Available for portfolio margining

USD MAC Swap Futures Product Suite

Product Code Contract Last Change Chart Open High Low Globex Vol
2-Year USD MAC Swap Futures T1UZ7 DEC 2017 - - Show Price Chart - - - 0
5-Year USD MAC Swap Futures F1UZ7 DEC 2017 100'155 -0'065 Show Price Chart 100'175 100'185 100'145 1,456
7-Year USD MAC Swap Futures S1UZ7 DEC 2017 - - Show Price Chart - - - 0
10-Year USD MAC Swap Futures N1UZ7 DEC 2017 100'250 -0'175 Show Price Chart 100'315 101'000 100'225 1,582
20-Year USD MAC Swap Futures E1UZ7 DEC 2017 - - Show Price Chart - - - 0
30-Year USD MAC Swap Futures B1UZ7 DEC 2017 102'13 -1'16 Show Price Chart 102'25 102'25 102'09 24

Evolution of MAC Swap Trading and Swap Futures
Watch Jack Callahan and Tod Skarecky present a webinar to discuss the evolution of MAC Swap trading.

Spreading Treasury Futures and MAC Swap Futures
Read a report that discusses the capital efficiencies of spreading Treasury futures with MAC Swap Futures.

USD MAC Swap Futures Product Overviewa>
Read an overview of MAC Swap Futures contracts, including margins, vendor codes, contract specifications and more.

MAC Swap Futures Correlation to OTC Swap Rates
Review the correlations between MAC Swap Futures prices and the corresponding par spot-starting interest rate swap (IRS) rates.

Delivery Manual for MAC Swap Futures
Get an overview of the physical delivery process for MAC Swap futures.

MAC Swap Futures Data
View the latest Excel report on volume and open interest for MAC Swap Futures.

Pricing & Analysis on Bloomberg
Read contract descriptions, hedge ratio analysis, and more for MAC Swap Futures.

Understanding MAC Swap Futures
Learn more about MAC Swap Futures, including trading strategy, how to measure risk, and more.

Infographic: MAC Swap Futures By The Numbers
View our infographic, which highlights the liquidity and market share of MAC Swap Futures.

MAC Swap Futures Coupon Rates
View fixed rates for CME Group’s MAC Swap Futures.

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