Product Overview

What are Eurodollar futures?

The Eurodollar futures contract is one of the largest and most successful interest rate-based contracts. This futures contract represents the interest rate on U.S. Dollars that are deposited in banks overseas.

Why would you want to trade Eurodollar futures?

  1. Based on the 3-month LIBOR rate, which is the benchmark for short-term interest rates.
  2. Trading opportunities come up around Fed Announcements.
  3. Spread opportunities against other interest rate products. 

How do you trade Eurodollar futures?

Eurodollar futures contracts are used by a wide array of users, from banks to proprietary trading firms and commercial businesses to hedge funds. So, if you have U.S. dollar market exposure, Eurodollar futures can help manage your risk.

Ready to get started trading futures?  You'll need to open an account with a broker.  Click Here to View a Broker List

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Contract Specifications

Contract Month

H, M, U, Z (Mar, Jun, Sep, Dec)

Trading Hours

5:00pm – 4:00pm (Sun–Fri) CT

Product

Eurodollar

Contract Size

$2,500 x contract grade IMM index ($25 per basis point per annum)

Trading Venue

CME offers electronic trading almost 24/6

Minimum Tick

Front month: 0.0025 price points. All other months: 0.005 price points

Product Symbol

GE

Dollar Value of One Tick

Front month: $6.25.
All other months: $12.50

Exchange Rulebook

CME 452

Settlement Procedures

Eurodollar Future Settlement Procedures

Price Limit or Circuit

Price Limits

Settlement Method

Financially Settled

Options Available

Quarterly, Serial, Mid-Curve, Weekly

Termination of Trading

Second London bank business day before 3rd Wednesday of the contract month. Trading in expiring contracts terminates at 11:00 a.m. London time on the last trading day.

Contract Specifications

Product Name

Options Expirations

Options Symbol

Trading Venue

Trading Hours

5:00pm – 4:00pm (Sun–Fri) CT

Type Of Expiration

Minimum Tick Size

Eurodollar GE Price

Open
High
Low
Change
% Change
Volume
( )
Last Trade as of CST. 10 Minutes Delayed Quote. Powered by CQG

Futures Calendar

30 NOV Last Trade
ALUMINUM EURO PREM DUTY-PAID FUT
EDPX20
31 DEC Last Trade
ALUMINUM EURO PREM DUTY-PAID FUT
EDPZ20
29 JAN Last Trade
ALUMINUM EURO PREM DUTY-PAID FUT
EDPF21
Price Action Alerts Source Redsky Markets

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