CME Group 5-Year Interest Rate Swaps

From MarketsWiki
Jump to: navigation, search
CMEFutInst300.jpg


5-Year Interest Rate Swaps futures
Exchange CME Group
Settlement Cash settled
Contract Size The notional price of the fixed-rate side of a 5-Year interest rate swap that has notional principal equal to $100,000, and that exchanges semiannual interest payments at a fixed rate of 6 percent per anum for floating interest rate payments, based on 3-month LIBOR.
Pricing Unit Need pricing unit!
Tick Value $15.625
Contract Months First three consecutive contracts in the Mar, Jun, Sep and Dec quarterly cycle.
Last Trading Day Need LTD rules!
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A Sunday/Friday 5:30 p.m.-4:00 p.m. CT; Shutdown period from 4:00 p.m. to 5:00 p.m. nightly.
Ticker Symbol N/A SA
Price Limits N/A N/A

Notes