CME Group Announces First Trades for 20-Year U.S. Treasury Bond Futures
CHICAGO, March 8, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced first day trading volume for its newly launched 20-Year U.S. Treasury Bond futures contract, which became available for trading on Monday, March 7.
In total, more than 1,300 contracts were traded by 30 participants, with open interest of 1,041 contracts, signifying strong client interest in an additional fixed income hedging tool at a time when managing U.S. Treasury market risk is more important than ever.
"We are pleased with the broad client participation in our new 20-Year U.S. Treasury Bond futures contract on day one," said Agha Mirza, CME Group Global Head of Rates and OTC Products. "Early trading volume for 20-Year U.S. Treasury futures speaks to the unique value proposition and market need for tools to manage risk at the longer-end of the curve. We expect this new contract to complement our other innovative, long-end products such as Ultra 10-Year Treasury futures, which were introduced in 2016, and now have an average daily volume of 500,000 contracts and open interest of 1.3 million contracts."
For more information on this product, please visit www.cmegroup.com/20y.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
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SOURCE CME Group
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