CME Group is the world’s leading derivatives marketplace.
Jul 7, 2021 • 6 tweets • 2 min read
The #SOFR derivatives market is much larger than you think.
A thread🧵 courtesy of the July 2021 Rates Recap... spr.ly/6010ynMKj
At just over 3 years old, the SOFR futures market has developed rapidly into a sizeable ecosystem of over 550 participants, ADV of 114K contracts, and OI of 841K contracts.
But SOFR-linked derivatives exposure is larger than these numbers suggest...