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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...