Eurodollar Futures and Options

Eurodollar Futures and Options

View Eurodollar Products

A cost-effective way to hedge Short-Term U.S. Interest Rates, CME Group’s Eurodollar futures and options are the preferred tool for professional traders who want to express a view on future interest rate moves. 

Key Benefits

Reflecting market expectation for interest rates, Eurodollar futures are a global benchmark and a fundamental building block of the interest rate marketplace, while options on Eurodollar futures are among the most actively traded Exchange-listed Interest Rate options contracts in the world.

  • Unsurpassed liquidity - consistently tight bid/offer spreads
  • Lower transaction costs
  • Diverse trading opportunities
  • Price transparency
  • Mid-curve options offer a low premium, high time decay
Product Last Change Chart Globex Vol

Eurodollar Resources

Eurodollar Futures: The Basics
A user's guide to Eurodollar futures: how they work, how they trade and how they relate to adjacent money markets.

A Practitioner's Guide to STIR Contract Amendments
Get an overview of the contract amendments made to Eurodollar futures and 30-Day Federal Funds futures effective, November 17, 2018.

What's Next for LIBOR and Eurodollar Futures
This paper examines four key points one should keep in mind when considering recent ARRC and FCA announcements.

Introduction to Eurodollars
Get an overview of Eurodollar futures and options, a cost effective way to hedge short-term U.S Interest rates.

Understanding Packs and Bundles
Learn about Eurodollar Packs and Bundles, a cost-effective means of hedging OTC interest rate swap instruments.

Related Information

Term Mid-Curve Options
Three-, six-, and nine-month Mid-Curve options offer flexibility to trade short-dated 1-3 month options on white quarterly Eurodollar futures.

Short-Term Interest Rate Intercommodity Spreads (ICS)
CME Globex listed STIR ICS offer efficient execution of a common trading strategy, reduced leg risk on executions and formation of spread liquidity.

Interest Rate Blocks
Learn how to take advantage of privately-negotiated futures trades between eligible counterparties.

Get Started with Eurodollar Futures

Eurodollars play an important role in the global economy. Take this course to get a better understanding of how the Eurodollar market works, how participants worldwide manage risk and express views on this market by trading liquid Eurodollar futures and options.

What is LIBOR/What is Eurodollar
Understanding IMM Price and Date
What is the Eurodollar Settlement Process (cash settled)
The Importance of Basis Point Value (BPV)

Contact the Interest Rates Team

Contact Us

For more information about our Interest Rates products 

Email Us

Contact a Market Maker

Submit a request to receive applicable contact information for our market makers.

Register Now

Subscribe to Updates

Stay up-to-date with what is happeing in Interest Rates markets.

Interest Rate Emails
Daily Interest Rate Options Reports

More in Interest Rates