Course Overview

Eurodollars play an important role in the global economy. Often confused with the EUR/USD currency pairing, Eurodollars represent U.S. dollars held at foreign banks. Euordollars represent one of the world’s largest interest rate markets.  Take this course to get a better understanding of how the Eurodollar market works, including how market participants worldwide manage risk and express views on this market by trading liquid Eurodollar futures and options. We’ll cover how the contracts are built and the important concepts you need to know, like what basis point values (BPV), convexity bias and implied forward rates mean. Explore the different ways to trade these contracts, from outrights to spreads to strips, and the benefits of trading futures as part of your portfolio.

ACCREDITED COURSE

Did you know that CME Institute classes can fulfill CFA and GARP continuing education requirements? Every CME Institute course can be self-reported in your CFA online CE tracker and select classes can be used for GARP credits. See which of our classes qualify for GARP credits here.