CME Group has announced it will launch options on three-month SOFR futures on 6 January 2020, subject to regulatory clearance. Since being launched in May 2018, more than 120 SOFR futures contracts have been traded by nearly 200 global market participants on the CME. As of 27 August, more than 6.3 million entities held open positions in SOFR futures, with open interest exceeding a record 283,000 contracts on 30 August.
CME Group has announced it will launch options on three-month SOFR futures on 6 January 2020, subject to regulatory clearance. Since being launched in May 2018, more than 6.3 million SOFR futures contracts have been traded by nearly 200 global market participants on the CME. As of 27 August, more than 120 entities held open positions in SOFR futures, with open interest exceeding a record 283,000 contracts on 30 August.