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Mini-sized Eurodollar 
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Product Snapshot: Mini-sized Eurodollar Futures
Mini-sized Eurodollar futures provide a valuable, cost-effective tool for hedging interest rate fluctuations on Eurodollars – U.S. dollars deposited in commercial banks outside the United States. Eurodollar deposits play a major role in the international capital market, and have long served as a benchmark interest rate for corporate funding.

Mini-sized Eurodollar futures provide a way to:

  • Hedge short term interest rate risk
  • Execute a variety of trading strategies, such as Butterflies, Packs and Bundles
  • Express a view on the direction of interest rates

Things to know:

  • Eurodollar futures reflect the London Interbank Offered Rate (LIBOR) for a 3-month, $1 million offshore deposit maturing at some point in the future
  • Contracts trade exclusively on CME Globex
    • Around the clock, around the world
    • Complete price transparency and anonymity
  • CME Clearing clears and settles all trades and guarantees counterparty creditworthiness