-
Trading
Product Groups
Getting Started
-
-
- Active Trader Daily market data and insight for the Individual Active Trader
-
-
-
- QuikStrike Tools Build and refine trading strategies with free analytics tools.
-
Learn why traders use futures, how to trade futures, and what steps you should take to get started.
-
-
Clearing
-
-
Margin Services
- Try our new interactive margin calculator and evaluate initial margin requirements
-
-
Data
Distributors
Intraday Data
Subscription Based Data
-
-
- MDP (Streaming) Access our market data directly via our Market Data Platform
-
-
-
- E-Quotes Offering charting, analytics, real-time quotes and news on our products
-
-
-
- CME DataMine (Historical) Comprehensive historical price information available on select CME Group contracts
-
-
-
Technology
-
Education
Learn why traders use futures, how to trade futures, and what steps you should take to get started.
Ultra 10-Year Futures and Options
Quarterly Product UpdateUltra 10-Year Note futures provide a more efficient, off-balance-sheet, and precise way to trade 10-year Treasury exposure.
| Product | Last | Change | Chart | Globex Vol |
|---|
- Launched in 2016 to address marketplace demand for a futures contract more closely tied to the 10-year maturity point on the Treasury yield curve
- Most successful launch in CME Group’s history, with 95 million contracts traded in the first three years
- Deliverable basket is original issue 10-Year U.S Treasury Notes, with remaining terms to maturity at delivery between 9 years 5 months and 10 years
- Highly complementary to existing benchmarks, enabling new spread and curve trading opportunities
- Automatic margin offsets versus existing interest rate products, and eligibility for portfolio margining with CME-cleared interest rate swaps
- Weekly, monthly and quarterly options available on a highly liquid futures contract
| Clearing | CME Globex | Floor | CME ClearPort | Product Name | Sub Group | Exchange | Volume | Open Interest |
|---|---|---|---|---|---|---|---|---|
| TN | TN | - | TN | Ultra 10-Year U.S. Treasury Note Futures | US Treasury | CBOT | 269,314 | 713,793 |
| TN | OTN | OTN | TN | Ultra 10-Year U.S. Treasury Note Options | US Treasury | CBOT | 3,280 | 9,357 |
| TN2 | TN2 | TN2 | TN2 | Ultra 10-Year U.S. Treasury Note Weekly Options Wk 2 | US Treasury | CBOT | 0 | 0 |
| TN4 | TN4 | TN4 | TN4 | Ultra 10-Year U.S. Treasury Note Weekly Options Wk 4 | US Treasury | CBOT | 0 | 0 |
| TN1 | TN1 | TN1 | TN1 | Ultra 10-Year U.S. Treasury Note Weekly Options Wk 1 | US Treasury | CBOT | 0 | 0 |
| TN3 | TN3 | TN3 | TN3 | Ultra 10-Year U.S. Treasury Note Weekly Options Wk 3 | US Treasury | CBOT | 0 | 0 |
| Futures | Options | |||
|---|---|---|---|---|
| Quarterly/Serial | Friday Weekly | Wednesday Weekly | ||
| CME Globex |
TN | OTN | TN1-5 | WX1-5 |
| Bloomberg | UXY | UXY | UXW | UXTA Comdty |
| Thomson Reuters** | 0#1TN: | 0#1TN+ | 0#TNW+ | 0#WXW+ |
| TT | TN | OTN | TN1-5 | WX1-5 |
| CQG | TNA | TNA | TNA1-5 | WXA1-5 |
| SunGard | TN | OTN | TN1-5 | WX1-5 |
| Fidessa | TN | OTN | TN1-5 | WX1-5 |
| Vela (Options City) | TN | OTN | TN1-5 | WX1-5 |
| ION (Pats & FFastFill) | TN | OTN | TN1-5 | WX1-5 |
| Broadway Technology | TN | OTN | ||
| DTN | @TN | @TN | @TN1-@TN5 | @WX1-@WX5 |
| Celoxica | TN | OTN | ||
| Object Trading | TN | OTN | TN1-5 | WX1-5 |
| ORC & Tbricks | TN | OTN | TN1-5 | WX1-5 |
| Rithmic | TN | OTN | TN1-5 | WX1-5 |
| REDI | TN | OTN | TNI | Not supported |
| Rival | TN | OTN | TN1-5 | WX1-5 |
**Codes for Thomson Reuters:
- Composite Futures (Globex plus blocks) - 0#TN:
- Globex Futures - 0#1TN:
- Globex Options - 0#1TN+
- Pit Options - 0#2TN+
-
-
Treasury Products Home
- View the full suite of Treasury products, offering deep liquidity across all major maturity points of the U.S. Treasury yield curve.
-
-
-
Rates Recap
- The monthly Rates Recap keeps you informed on latest news and events happening in the Interest Rates market.
-
For questions or information about the new Ultra 10-Year contracts:
To stay up-to-date with clearing and regulatory advisories:
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.
Contact Us
View AllCME Group / Chicago HQ
Phone: +1 312 930 1000
Toll Free (US Only): +1 866 716 7274
