Deliverable Swap Futures

Swap Futures

View All Swap Futures

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

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 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

USD MAC Swap Futures Product Suite

Product Code Contract Last Change Chart Open High Low Globex Vol

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 Overview
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.

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.

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

Learn about Eris Swap Futures - Available for Trading on Globex December 2, 2018*

Eris Primer and Contract Specifications
Learn about the Eris methodology, uses and the contract

Eris Swap Futures to CME Group Transition Overview
As the Eris Swap futures complex moves to CME Group, learn about what is changing, product codes, benefits of Eris at CME Group and more.

ERIS-CME Group Joint Press Release
CME Group and Eris enter exclusive licensing deal to list Eris futures on CME in Q4 2018

Frequently Asked Questions
Read a detailed set of information about the planned transition for Q4 2018

*pending all regulatory approvals

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